Immunity from penalty - statements u/s 132(4) - AO denied ...
Immunity from Penalty Granted Despite Late Tax Payment Under Income Tax Act Section 271(1)(c) Explanation Clause 5(2.
April 30, 2019
Case Laws Income Tax HC
Immunity from penalty - statements u/s 132(4) - AO denied Immunity alleging that admitted tax liability was not paid in the returns filed u/s 153C - no time frame fixed in Clause 5(2) of the Explanation u/s 271(1)(c)for payment of tax - immunity granted even if paid tax belatedly
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