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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Penalty u/s 271(I)(c) - Assessee cannot be fastened with the ...


Income Tax Penalty Requires Clear, Specific Charge u/s 271(1)(c); No Vague or Dual Accusations Allowed.

October 27, 2015

Case Laws     Income Tax     AT

Penalty u/s 271(I)(c) - Assessee cannot be fastened with the liability of penalty without there being a clear or specific charge. Fixing a charge in a vague and casual manner is not permitted under the law. Fixing the twin charges is also not permitted under the law - AT

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