Penalty u/s 271(1)(c) - claiming revenue loss on sale of fixed ...

Penalty Imposed for Unjustified Revenue Loss Claims on Fixed Asset Sales u/s 271(1)(c).

July 22, 2014

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - claiming revenue loss on sale of fixed assets – If the assessee makes a claim which is not only incorrect in law but is also wholly without any basis, penalty to be levied - AT

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Penalty u/s 271(1)(c) - claiming revenue loss on sale of fixed ...

Penalty Imposed for Unjustified Revenue Loss Claims on Fixed Asset Sales u/s 271(1)(c).

July 22, 2014

Case Laws Income Tax AT

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