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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Penalty u/s 271(1)(c) - in respect of MAT companies, which are ...


No Penalty for MAT Companies u/s 115-JB if Inaccurate Details Don't Lead to Tax Evasion.

September 25, 2013

Case Laws     Income Tax     HC

Penalty u/s 271(1)(c) - in respect of MAT companies, which are assessed under Section 115-JB, where the furnishing of inaccurate particulars does not result into any evasion of tax, no penalty - HC

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