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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Penalty for technical breach of law - Wrong mention of section ...


Incorrect Citation Leads to Penalty in Tax Case; Section 292B Inapplicable for Substantive Errors.

May 15, 2014

Case Laws     Income Tax     AT

Penalty for technical breach of law - Wrong mention of section 272A(2)(C) in place of 272A(2)(K) - recourse Sec. 292B of the Act would also not help the case of the Revenue because the mistake cannot be said to be a pure technical objection - AT

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