Penalty u/s 271(1)((c) - Exemption of interest income u/s 80P(2) ...

No Penalty u/s 271(1)(c) for Interest Income Exemption Claim Due to Ambiguity Before Clarification.

March 23, 2019

Case Laws Income Tax AT

Penalty u/s 271(1)((c) - Exemption of interest income u/s 80P(2) is not allowable due to subsequent decision - prior to this decision, the position was not clear and issue was debatable - no penalty is leviable

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Penalty u/s 271(1)((c) - Exemption of interest income u/s 80P(2) ...

No Penalty u/s 271(1)(c) for Interest Income Exemption Claim Due to Ambiguity Before Clarification.

March 23, 2019

Case Laws Income Tax AT

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