Penalty u/s. 271(1)(c) - non-disclosure of capital gains at the ...
No Penalty for Taxpayer's Genuine Mistake in Non-Disclosure of Capital Gains u/s 271(1)(c) Due to Missing Documents.
February 21, 2023
Case Laws Income Tax AT
Penalty u/s. 271(1)(c) - non-disclosure of capital gains at the time of filing of return of income - it is a case where apparently a bonafide mistake was made by the assessee owing to lack of documents at the time of filing of return of income - No penalty - AT
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