Penalty u/s 271(1)(c) - trust denied exemption u/s 11 on the ...

Trust Denied Tax Exemption u/s 11; No Penalty Imposed u/s 271(1)(c) for Non-Charitable Newspaper Income.

January 23, 2017

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - trust denied exemption u/s 11 on the ground that income from running of newspaper had not been applied for charitable purposes - it cannot be said that the assessee had concealed the particulars of its income or had furnished inaccurate particulars of such income - no penalty - AT

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Penalty u/s 271(1)(c) - trust denied exemption u/s 11 on the ...

Trust Denied Tax Exemption u/s 11; No Penalty Imposed u/s 271(1)(c) for Non-Charitable Newspaper Income.

January 23, 2017

Case Laws Income Tax AT

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