TMI BlogTaxpayer Avoids Penalty for Property Sale Due to Bona Fide Conduct, Exempt u/s 271(1)(c) Provisions.Penalty u/s 271(1)(c) - failure to pay tax paid on sale of property - the conduct of the assessee is bonafide which takes it out from exigibility of penalty within mandate of penalty provisions - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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