The penalty u/s 271(1)(c) was imposed because the assessee did ...

High Court Confirms Penalty u/s 271(1)(c) for Taxpayer's Failure to Explain to Assessing Officer and CIT(A) Rejection.

March 27, 2017

Case Laws Income Tax HC

The penalty u/s 271(1)(c) was imposed because the assessee did not offer any explanation to the assessing officer in the first instance and then the penalty was sustained because his explanation furnished before the CIT (Appeals) was rejected. - Levy of penalty confirmed - HC

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The penalty u/s 271(1)(c) was imposed because the assessee did ...

High Court Confirms Penalty u/s 271(1)(c) for Taxpayer's Failure to Explain to Assessing Officer and CIT(A) Rejection.

March 27, 2017

Case Laws Income Tax HC

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