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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Penalty levied u/s 271(1)(c) - Even if it is considered for a ...


No Penalty for Inaccurate Income Details Due to Clerical Error u/s 271(1)(c) of Income Tax Act.

January 12, 2016

Case Laws     Income Tax     AT

Penalty levied u/s 271(1)(c) - Even if it is considered for a moment to be a case of furnishing of inaccurate particulars of income, the same has been caused due to a clerical mistake committed by the clerk who fed the details into the computer - the case does not warrant levy of penalty u/s 271(1)(c) - AT

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