Penalty u/s 140A(3) – Self assessment tax not paid – assessee ...
No Penalty for Non-Payment of Self-Assessment Tax: Assessee Proves Valid Reason and Pays Full Amount.
May 1, 2014
Case Laws Income Tax AT
Penalty u/s 140A(3) – Self assessment tax not paid – assessee has satisfied that there was a good and sufficient reason for the default – no penalty should be levied especially, when the assessee has later on deposited the entire amount - AT
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