Penalty u/s. 271(1)(c) - Penalty cannot attract simply when ...

Section 271(1)(c) Penalty Not Automatic: No Penalty for Disallowances u/s 14A Without Concealment or Inaccuracy.

April 18, 2020

Case Laws Income Tax AT

Penalty u/s. 271(1)(c) - Penalty cannot attract simply when there is an addition/disallowance is made. There is no concealment of income or furnishing of inaccurate particulars in making claim u/s. 14A - no penalty is attracted on disallowance made u/s. 14A - AT

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Penalty u/s. 271(1)(c) - Penalty cannot attract simply when ...

Section 271(1)(c) Penalty Not Automatic: No Penalty for Disallowances u/s 14A Without Concealment or Inaccuracy.

April 18, 2020

Case Laws Income Tax AT

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