Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1984 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1984 (6) TMI 46 - HC - Income TaxExtract: ....... not, therefore, empowered to levy penalty under s. 271 (1)(a) read with s. 271 (1)(i) of the Act. The Tribunal erred in holding that the levy of penalty by the ITO is valid. For the aforesaid reasons, we answer the question referred to us in the negative, that is, in favour of the assessee and against the Revenue. No costs. Advocate s fee Rs. 500.
|