Penalty levied under section 271(1)(c) - claim of the assessee ...
Taxpayer Avoids Penalty u/s 271(1)(c) Due to Retrospective Law Change Impacting Claim Validity.
May 27, 2016
Case Laws Income Tax AT
Penalty levied under section 271(1)(c) - claim of the assessee became untenable by virtue of retrospective operation of law, otherwise, the assessee could have demonstrated the allowance of its claim - no penalty - AT
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