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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Levy of penalty for wrong claim of deduction u/s 80IB - Write ...


Penalty Confirmed for Wrongful Deduction Claim u/s 80IB; Unrelated Debit Write-Off Added to Income Taxable Amount.

July 21, 2014

Case Laws     Income Tax     AT

Levy of penalty for wrong claim of deduction u/s 80IB - Write off of debit balance – additions were made since the advance given to a person which had no relation with sales - levy of penalty confirmed - AT

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