Levy of penalty u/s 271 (1)(c) - Explanation 4 to section ...

High Court Clarifies Explanation 4 of Section 271(1)(c) is Clarificatory, Applies to Pre-2003 Assessments.

October 22, 2016

Case Laws Income Tax HC

Levy of penalty u/s 271 (1)(c) - Explanation 4 to section 271(1)(c) is clarificatory and not substantive and would apply even to assessment year prior to April 1, 2003, the date on which the amendment was brought into force. - HC

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Levy of penalty u/s 271 (1)(c) - Explanation 4 to section ...

High Court Clarifies Explanation 4 of Section 271(1)(c) is Clarificatory, Applies to Pre-2003 Assessments.

October 22, 2016

Case Laws Income Tax HC

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