Penalty u/s 271(1)(c) - Where an assesse has exercised a bona ...

Penalty for Incorrect Tax Claims u/s 271(1)(c) Only If Intent to Evade is Proven.

January 11, 2014

Case Laws Income Tax HC

Penalty u/s 271(1)(c) - Where an assesse has exercised a bona fide right but the deductions or exemptions so claimed are found to be incorrect, penalty would follow only if the claim is raised with intent to furnish incorrect particulars and to evade tax - HC

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Penalty u/s 271(1)(c) - Where an assesse has exercised a bona ...

Penalty for Incorrect Tax Claims u/s 271(1)(c) Only If Intent to Evade is Proven.

January 11, 2014

Case Laws Income Tax HC

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