Levy of Penalty u/s.271(1)(c) - the explanation of the assessee ...
No penalty for not filing tax returns as bona fide explanation accepted u/s 271(1)(c).
June 12, 2015
Case Laws Income Tax AT
Levy of Penalty u/s.271(1)(c) - the explanation of the assessee is bonafide for not filing the returns of income for both these assessment years - no penalty can be levied on the assessee on the charge of concealing the particulars of income - AT
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