Penalty u/s 271(1)(c) - MAT u/s 115JB was greater than the ...
Penalty u/s 271(1)(c) Not Imposed When MAT Exceeds Regular Income, Book Profit Deemed Total Income.
May 7, 2014
Case Laws Income Tax AT
Penalty u/s 271(1)(c) - MAT u/s 115JB was greater than the regular income, book profit was taken as deemed total income u/s 115JB of the Act - penalty u/s 271(1)(c) of the Act was not imposable on the assessee - AT
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