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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Penalty u/s 271(1)(c) - the failure of the assessee to make ...


Section 271(1)(c) Penalty Not Mala Fide for Disallowance Failure u/s 43B When Return Shows Loss.

July 4, 2013

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - the failure of the assessee to make disallowance u/s 43B in the return of income cannot be held to be mala fide because the assessee has filed the return of loss - AT

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