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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Merely because the AO did not agree with the submission made by ...


Disagreement with Assessee's Submission Not Grounds for Penalty u/s 271(1)(c) of Income Tax Act.

December 30, 2014

Case Laws     Income Tax     AT

Merely because the AO did not agree with the submission made by the assessee, the same cannot be said to be furnished of inaccurate particulars of income for the purpose of levying penalty u/s 271(1)(c) - AT

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