Penalty u/s 271(1)(c) - Levy of penalty is not an automatic ...

Penalty u/s 271(1)(c) Not Automatic for Disallowed Expenses; Requires Additional Consideration Beyond Expense Addition.

June 1, 2013

Case Laws Income Tax HC

Penalty u/s 271(1)(c) - Levy of penalty is not an automatic consequence when an addition is made by disallowing an expense and by not accepting the interpretation given by the assessee. - HC

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Penalty u/s 271(1)(c) - Levy of penalty is not an automatic ...

Penalty u/s 271(1)(c) Not Automatic for Disallowed Expenses; Requires Additional Consideration Beyond Expense Addition.

June 1, 2013

Case Laws Income Tax HC

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