Penalty u/s 271(1)(c) - when the assessee made a claim on the ...
No Penalty for Bona Fide Belief in Agricultural Land Claim u/s 271(1)(c) of Income Tax Act.
June 27, 2015
Case Laws Income Tax AT
Penalty u/s 271(1)(c) - when the assessee made a claim on the bona fide belief that the subject land was an agricultural land, merely because the same was rejected, that cannot be a reason to levy penalty - AT
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