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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Penalty under section 271(1)(c) - assessee has failed to handle ...


Assessee penalized u/s 271(1)(c) for mishandling donations; penalty upheld by CIT(A), now contested.

October 16, 2015

Case Laws     Income Tax     AT

Penalty under section 271(1)(c) - assessee has failed to handle the donations received by them in appropriate manner - assessee offered the very same amount for taxation - CIT(A) is not correct in upholding the penalty - AT

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