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Income Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Penalty u/s. 271(1)(c) - AO has charged the assessee for twin ...

Income Tax

February 28, 2018

Penalty u/s. 271(1)(c) - AO has charged the assessee for twin defaults - the assessee has concealed the income arose out of transfer of capital asset and failed to disclose the capital gain in its return of income that tantamount of furnishing of inaccurate particulars of income - Penalty proceedings sustained - AT

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