Levy of penalty u/s 271(1)(c) - The assessee's specific case was ...

Income Tax

September 13, 2019

Levy of penalty u/s 271(1)(c) - The assessee's specific case was that they were advised to file the return of income in a particular fashion and prior to the assessment proceedings, their Chartered Accountant had passed away and this had led to the mistake, which the AO pointed out during the assessment proceedings - penalty imposed by the AO and confirmed by the CIT(A) and ITAT is perverse and liable to be set aside - HC

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Levy of penalty u/s 271(1)(c) - The assessee's specific case was ...

Income Tax

September 13, 2019

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