In the absence of a categorical finding by the Department that ...

Income Tax Act: Section 271(1)(c) Penalty Requires Clear Department Finding on Surrendered Amount as Income.

May 20, 2016

Case Laws Income Tax AT

In the absence of a categorical finding by the Department that the surrendered amount was in the nature of income, the penalty u/s 271(1)(c) cannot be levied. - AT

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In the absence of a categorical finding by the Department that ...

Income Tax Act: Section 271(1)(c) Penalty Requires Clear Department Finding on Surrendered Amount as Income.

May 20, 2016

Case Laws Income Tax AT

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