Penalty u/s 271(1(c) - With the omission of the expression ...
Income Tax
July 4, 2015
Penalty u/s 271(1(c) - With the omission of the expression ‘deliberately’, mens rea is no longer a prerequisite for imposition of penalty - penalty under Section 271(1)(c ) is a civil liability and the wilful concealment is not an essential ingredient - HC
View Source