Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2016 (1) TMI 319 - ALLAHABAD HIGH COURT

2016 (1) TMI 319 - ALLAHABAD HIGH COURT - TMI - Penalty under Section 271 (1) (c) - Held that:- In the instant case, the assessee has disclosed all the income and claimed certain deductions, which was disallowed. The mere fact that certain deductions were disallowed does not mean that the assessee has furnished inaccurate particulars. It does not mean that assessee has concealed the particulars of his income. Further, we find that the assessee had given an explanation on the additions and deduct .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

closed various additions and deductions, which he sought. The assessing officer sustained certain additions and deductions claimed by the assessee and rejected certain additions and deductions and added them to the assessee's income. Based upon the additions made in the income penalty proceedings under Section 271 (1) (c) of the Income Tax Act was initiated. The assessing officer after considering the matter came to the conclusion that the assessee disclosed inaccurate particulars and accord .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version