Penalty u/s 271(1)(c) - assessee failed to explain the genuine ...

Taxpayer Penalized for Inaccurate Income Reporting u/s 271(1)(c) Due to Unexplained Credits and Liabilities.

May 20, 2016

Case Laws Income Tax HC

Penalty u/s 271(1)(c) - assessee failed to explain the genuine credits/liability in books of account on the matter in issue and has therefore, furnished inaccurate particulars of income so as to invite levy of the penalty - HC

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Penalty u/s 271(1)(c) - assessee failed to explain the genuine ...

Taxpayer Penalized for Inaccurate Income Reporting u/s 271(1)(c) Due to Unexplained Credits and Liabilities.

May 20, 2016

Case Laws Income Tax HC

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