Levy of penalty under section 271(1)(c). - taxability of income ...

Income Tax

December 28, 2013

Levy of penalty under section 271(1)(c). - taxability of income in the hands of trust or beneficiary - applicability of provisions of Section 61(1) - The orders of AO levying penalty is not only bad in law but also on facts - AT

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Levy of penalty under section 271(1)(c). - taxability of income ...

Income Tax

December 28, 2013

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MAT is paid, additions were made to regular income, penalty not levied – 115JB, 271(1)(c)

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