2019 (3) TMI 1169 - SCH - Income Tax

Penalty levied u/s 271 1 (c) - addition on account of capital gain wrongly claimed as exempt by the assessee? - assessee had not offered the amount of tax on the basis of artificial dispute with mala fide intention and mere disclosure in notes did not protest the assessee from penal action provided under Section 271 1 (c) - HELD THAT - Special Leave Petition dismissed.

Summary

The Supreme Court of India dismissed the Special Leave Petition after condoning the delay. Pending applications were disposed of accordingly. (2019 (3) TMI 1169 - SC)