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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Penalty u/s 271(1)(c) - salary that was omitted to be declared ...


No Penalty u/s 271(1)(c) for Unintentionally Omitting Salary in Income Return Due to Bona Fide Mistake.

September 1, 2016

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - salary that was omitted to be declared in the return of income - assessee cannot be made liable for penalty as there is a bona fide mistake of omission in not showing the salary received from the previous employers. - AT

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