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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Penalty under section 272B - not quoting PAN in the appeal filed ...


Penalty u/s 272B for not quoting PAN in tax appeal deleted due to ignorance, not malice.

August 31, 2015

Case Laws     Income Tax     AT

Penalty under section 272B - not quoting PAN in the appeal filed before the CIT(A) - the default on the part of the assessee was because of her ignorance and not because of any mala fide intention, and therefore, we delete the penalty levied under section 272B of the Act - AT

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