Penalty u/s 271(1)(c) - not offering correct MAT on the book ...

Income Tax

February 14, 2017

Penalty u/s 271(1)(c) - not offering correct MAT on the book profit u/s 115JB - assessee had not furnished any detail of MAT calculation and also had not filed form 29B - Levy of penalty @100% of deemed income confirmed - AT

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Penalty u/s 271(1)(c) - not offering correct MAT on the book ...

Income Tax

February 14, 2017

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Penalty u/s 271(1)(c) - furnished wrong particulars of its income in terms of profits u/s 115JB - Computation of Minimum Alternate Tax (MAT) - levy of penalty confirmed - AT

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