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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Penalty u/s 271(1)(c) – Disallowance of expenses on foreign ...


Penalty Confirmed for Foreign Travel Expense Disallowance u/s 271(1)(c); Assessee Failed to Justify Claims.

June 14, 2014

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) – Disallowance of expenses on foreign travel – assessee have not furnished any explanation nor even the primary details in support of its claim - Penalty @ 100% of the tax sought to be evaded confirmed - AT

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