Penalty u/s 271(1)(C) - Suppression of long term capital gains - ...

Penalty for Suppression of Capital Gains Reduced from 300% to 100% Due to Accountant's Error u/s 271(1)(C.

November 1, 2013

Case Laws Income Tax AT

Penalty u/s 271(1)(C) - Suppression of long term capital gains - penalty @ 300% is very much on higher side on account of mistake committed by the assessee's accountant - reduced to 100% - AT

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Penalty u/s 271(1)(C) - Suppression of long term capital gains - ...

Penalty for Suppression of Capital Gains Reduced from 300% to 100% Due to Accountant's Error u/s 271(1)(C.

November 1, 2013

Case Laws Income Tax AT

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