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Income Tax - Highlights / Catch Notes

Home Highlights March 2023 Year 2023 This

Penalty u/s 270A - The alleged disallowance does not find place ...

Income Tax

March 20, 2023

Penalty u/s 270A - The alleged disallowance does not find place in clause (a) to (f) of sub-section (9) of Section 270A. Assessee while filing response to the show cause during the assessment as well as during the penalty proceedings has given bona fide explanation within the scope of sub-section-6 of section 270A and disclosed all the material. - No penalty - AT

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