Levy of penalty - there is change in opinion and basis for levy ...

Debate Over 150% Penalty Under Income Tax Act Section 271(1)(c): Misuse and Misinterpretation Concerns Raised.

January 3, 2017

Case Laws Income Tax AT

Levy of penalty - there is change in opinion and basis for levy of penalty for concealment varies - there is no merit in levy of penalty under section 271(1)(c) of the Act and there is no merit at all in levying the penalty @150% - AT

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Levy of penalty - there is change in opinion and basis for levy ...

Debate Over 150% Penalty Under Income Tax Act Section 271(1)(c): Misuse and Misinterpretation Concerns Raised.

January 3, 2017

Case Laws Income Tax AT

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