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Income Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

Levy of penalty u/s 271(1)(c) - defect in the notice - it was ...


Penalty Contested u/s 271(1)(c) for Notice Defect; No Prejudice Found Against Assessee After a Decade.

May 3, 2018

Case Laws     Income Tax     HC

Levy of penalty u/s 271(1)(c) - defect in the notice - it was only after 10 years, when the appeals were listed for final hearing, this issue is sought to be raised - even assuming that there was defect in the notice, it had caused no prejudice to the assessee and the assessee clearly understood what was the purport and import of notice issued under Section 274 r/w.Section 271 of the Act. - HC

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