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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Levy of penalty under Section 271D - Whether the Tribunal is ...


High Court Upholds Tribunal's Decision: Penalty u/s 271D for Violating Section 269SS of Income Tax Act.

October 6, 2015

Case Laws     Income Tax     HC

Levy of penalty under Section 271D - Whether the Tribunal is correct in concluding that the provisions of Section 269SS of the Act were attracted to the transactions under consideration with a view to levy penalty under Section 271D of the Act? - Held Yes, penalty confirmed - HC

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