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    Penalty u/s. 271(1)(c) - assessment u/s 153A - the incorrect...

    No Penalty for Corrected Tax Claim u/s 153A; Section 271(1)(c) Penalty Not Applicable.

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    Income TaxMay 30, 2017Case LawsAT

    Penalty u/s. 271(1)(c) - assessment u/s 153A - the incorrect claim did not get noticed either by the assessee or by the AO and its correction at the time of filing of return u/s 153A would not lead to imposition of penalty u/s 271(1)(c)- AT

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