Deletion of penalty u/s 271(1)(c) of the Act – Payment as labour ...
Penalty Removed for Disallowed Labor Payments u/s 271(1)(c) Due to Insufficient Grounds for Penal Action.
June 5, 2014
Case Laws Income Tax AT
Deletion of penalty u/s 271(1)(c) of the Act – Payment as labour charges made disallowed u/s 40A(2)(b) - estimation at 15% being made merely on estimation do not attract the penal provisions - AT
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