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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Penalty under section 271(1)(c ) - where the complete chain of ...


Assessee Penalized u/s 271(1)(c) for Providing Fake Entry Services, Income Addition Confirmed.

January 19, 2015

Case Laws     Income Tax     AT

Penalty under section 271(1)(c ) - where the complete chain of transactions had been established by the investigating authority and it has been established that the assessee was a professional entry provider and addition having been made in the hands of the assessee thus, attract the levy of penalty under section 271(1)(c) of the Act. - AT

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