Levy of penalty u/s. 271(1)(c) - suppression of turnover - ...
Penalty Imposed for Turnover Suppression u/s 271(1)(c); Minimum Rate Set at 100% of Evaded Tax Confirmed.
April 10, 2019
Case Laws Income Tax AT
Levy of penalty u/s. 271(1)(c) - suppression of turnover - penalty imposed at the minimum amount of 100% of the tax sought to be evaded - The penalty imposed for both the years is at the minimum rate, confirmed.
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