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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

Imposing penalty u/s 271FA. - failure to furnish annual ...


Penalty Imposed for Not Filing Annual Information Return; Partial Relief Granted for Penalty up to Notice Date.

December 8, 2011

Case Laws     Income Tax     HC

Imposing penalty u/s 271FA. - failure to furnish annual information return (AIR) as required under sub-section (1) of section 285BA of the Act - the petitioner is entitled to partial relief by way of deletion of penalty till the date of service of notice dated December 17, 2008, under section 285BA(5) of the Act. .... - HC

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