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Income Tax - Highlights / Catch Notes

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Penalty u/s 140A(3) - non payment of self assessment tax which ...


Penalty Waived for Non-Payment of Self-Assessment Tax Due to Lack of Fair Hearing u/s 140A(3).

June 11, 2015

Case Laws     Income Tax     AT

Penalty u/s 140A(3) - non payment of self assessment tax which was shown as payable in the return of income filed - assessee was denied opportunity of hearing to discharge its onus and to show “good and sufficient cause” for non payment of tax - penalty waived - AT

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