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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Levy of penalty u/s 158BFA(2) - penalty has been levied on the ...


Penalty Imposed u/s 158BFA(2) for Undisclosed Income Lacks Justification and Calculation Clarity.

June 15, 2016

Case Laws     Income Tax     AT

Levy of penalty u/s 158BFA(2) - penalty has been levied on the amount of undisclosed income without providing any working of maximum and minimum penalty leviable - No penalty - AT

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