Penalty u/s 271(1)(c) - assessees cannot plead ignorance year ...

Assessees face penalties under Income Tax Act section 271(1)(c) for repeatedly pleading ignorance on inaccurate tax claims.

January 24, 2014

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - assessees cannot plead ignorance year after year - The assessees have not proved the bonafides of making a wrong claim which amounts to furnishing of inaccurate particulars of income - AT

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Penalty u/s 271(1)(c) - assessees cannot plead ignorance year ...

Assessees face penalties under Income Tax Act section 271(1)(c) for repeatedly pleading ignorance on inaccurate tax claims.

January 24, 2014

Case Laws Income Tax AT

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