penalty u/s 271(1)(c)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... penalty u/s 271(1)(c)
Query (Issue) Started By: - PRAVIN SINGH Dated:- 13-12-2010 Last Reply Date:- 16-12-2010 Income Tax
Got 1 Reply
Income Tax
if particular expenses rightly disallowed .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... by the A.O. during the course of assessment U/S 40a(ia) , would attract penalty provision U/s 271(1)(c) Reply By DEV KUMAR KOTHARI: The Reply: IT WILL DEPEND ON ALL RELEVANT FACTS AND CIRCUMSTANCES. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... THE YEAR, THE NATURE OF ASSESSEE, THE NATURE OF MISTAKE, THE PERSON WHO COMMITTED MISTAKE, THE INSTANCES OF APPLICABILITY OF PROVISIONS, REPEATED MISTAKES , MISTAKES EVEN AFTER WARNING ETC. IN INITI .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... AL YEARS LENIENT VIEW IS BEING TAKEN AS MANY SMALL TAXPAYERS HAVE BEEN TAKEN BY SURPRISE EVEN WHEN THEY WERE HELPED BY GENERAL TAX PRACTIONERS BECASUE THERE WAS MASS UNAWARENESS EVEN AMONGST MANY GENE .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... RAL TAX PRACTIONERS..
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X