Penalty u/s 271FA - delay of 561 days in furnishing AIR u/s ...

561-Day Delay in Filing Under Sec 285BA Deemed Minor; No Penalties Imposed Due to Lack of Intentional Misconduct.

November 5, 2016

Case Laws Income Tax AT

Penalty u/s 271FA - delay of 561 days in furnishing AIR u/s 285BA - No mala fides can be attributed to the assessee so as to invoke the penalty proceedings under section 271FA - t the breach is only technical or venial breach of the provisions of the Act and such a breach could have flown from a bona fide ignorance of the assessee - AT

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Penalty u/s 271FA - delay of 561 days in furnishing AIR u/s ...

561-Day Delay in Filing Under Sec 285BA Deemed Minor; No Penalties Imposed Due to Lack of Intentional Misconduct.

November 5, 2016

Case Laws Income Tax AT

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