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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Levy of penalty u/s 271(1)(c) - tribunal has materially erred ...


Tribunal Mistakenly Treated Protective Assessment Order as Substantive u/s 271(1)(c) of Income Tax Act.

October 27, 2014

Case Laws     Income Tax     HC

Levy of penalty u/s 271(1)(c) - tribunal has materially erred in treating the assessment order as substantive assessment order without properly appreciating the order passed by the AO and it is to be held that the assessment order as such was a protective assessment order. - HC

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