Penalty u/s 271(1)(c) of the Act – assessee’s claim that no ...

Section 271(1)(c) Penalty Upheld: Offering Unproved Income for Taxation Doesn't Avoid Penalty.

May 17, 2014

Case Laws Income Tax AT

Penalty u/s 271(1)(c) of the Act – assessee’s claim that no penalty is leviable when unproved income is offered for taxation to purchase peace is not at all sustainable - AT

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Penalty u/s 271(1)(c) of the Act – assessee’s claim that no ...

Section 271(1)(c) Penalty Upheld: Offering Unproved Income for Taxation Doesn't Avoid Penalty.

May 17, 2014

Case Laws Income Tax AT

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The Assessing Officer (AO) consciously deleted irrelevant portions from the show cause notice, mentioning only the charge of furnishing inaccurate particulars of income....

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Penalty u/s.271(1)(b) - no compliance to notice u/s 142(1) - The AO levied the penalty for non-compliance of notice dated 13.06.2016, however, there is no reference of...

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