TMI BlogQuantum of penalty u/s 221(1) - failure to pay tax before filing of return - AO levied the maximum...Quantum of penalty u/s 221(1) - failure to pay tax before filing of return - AO levied the maximum penalty prescribed equal to 100% without recording any satisfaction - CIT(A) was right in restricting penalty to 10% of the total tax payable - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
