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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Penalty u/s 271(1)(c) - expenditure of webhosting and misc. ...

Income Tax

September 17, 2018

Penalty u/s 271(1)(c) - expenditure of webhosting and misc. expenditure for website development - when the assessee has come up with bonafide claim, even if it is not accepted, it would not per se tantamount to furnishing inaccurate particulars so as to attract the penalty proceedings u/s 271(1)(c)

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