Levy of penalty u/s 221(1) - default in payment of tax - ...
Case Laws Income Tax
June 22, 2016
Levy of penalty u/s 221(1) - default in payment of tax - assessee has not paid taxes which are payable along with a return of income, however paid within a month even before the notice issued by the A.O. and the assessee complied the demand of tax voluntarily - No penalty - AT
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