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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Penalty u/s 271(1)(c) - quantum of addition has been confirmed ...


High Court Confirms Addition u/s 271(1)(c) But Rejects Automatic Penalty for Good Faith Claims.

April 17, 2019

Case Laws     Income Tax     HC

Penalty u/s 271(1)(c) - quantum of addition has been confirmed by the High Court - mere rejection of a claim otherwise made bonafide and on arguable legal contentions would not give rise to penalty proceedings

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