TMI BlogPenalty levied u/s 271(1)(c) - this is not a fit case for levy of 300% penalty. Therefore, we direct the...Penalty levied u/s 271(1)(c) - this is not a fit case for levy of 300% penalty. Therefore, we direct the assessing officer to levy minimum penalty i.e. 100% of the income sought to be evaded and compute the penalty accordingly. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|