Penalty u/s 271(1)(c) - There is no prima facie satisfaction ...

Dispute Over Penalty Due to Insufficient Prima Facie Satisfaction by Assessing Officer in Tax Assessment Order.

November 23, 2023

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - There is no prima facie satisfaction which has been recorded by the AO for initiation of penalty proceedings which can be discerned from reading of the assessment order. - Addition has been made, merely, on a presumptive basis which is not sufficient for acquiring jurisdiction as contemplated by the provisions of section 271(1B) - AT

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Penalty u/s 271(1)(c) - There is no prima facie satisfaction ...

Dispute Over Penalty Due to Insufficient Prima Facie Satisfaction by Assessing Officer in Tax Assessment Order.

November 23, 2023

Case Laws Income Tax AT

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