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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Penalty u/s. 272A(2)(c) - non-submission of information as ...

Income Tax

September 12, 2015

Penalty u/s. 272A(2)(c) - non-submission of information as willful default - Addl. CIT initiated penalty proceedings by issuing only one notice but levied penalty for three notices - This indicates that without issuing notice, the Addl. CIT, CIB levied penalty three times for the same default. This cannot be justified. - AT

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