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2016 (4) TMI 560 - HC - Income TaxPenalty u/s 271(1)(c) - non deduction of tds - Held that:- The assessee has made a claim of expenditure in relation to the payments made, which he may not have been entitled to claim in view of the provisions of section 40(a)(ia) of the Act, as tax on part of such amount had not been deducted at source and deposited in the Government account before the due date for filing return income. However,merely submitting an incorrect claim in law for the expenditure would not amount to furnishing inaccurate particulars of income. See Commissioner of Income Tax v. Reliance Petroproducts Pvt. Ltd., (2010 (3) TMI 80 - SUPREME COURT ) - Decided in favour of assessee.
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