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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Levy of penalty u/s 272A(1)(c) - failure to comply with summons ...

Income Tax

February 4, 2019

Levy of penalty u/s 272A(1)(c) - failure to comply with summons u/s 131(1A) - no reasonable cause for non-compliance to the notice issued u/s 133(6) - in absence of any reasonable cause been shown by the assessee, the penalty so levied u/s 272A(1)(c) and section 272A(2)(c) is hereby confirmed

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