Penalty u/s 271(1)(c) - assessee has not placed any material ...

Penalty Imposed u/s 271(1)(c) for Lack of Evidence on Loan to Partner and Unjustified Financial Transactions.

January 30, 2017

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - assessee has not placed any material suggesting that the issue is debatable in view of the fact that there is a direct nexus between the advance bearing funds and the loan advanced to the partner. - AT

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Penalty u/s 271(1)(c) - assessee has not placed any material ...

Penalty Imposed u/s 271(1)(c) for Lack of Evidence on Loan to Partner and Unjustified Financial Transactions.

January 30, 2017

Case Laws Income Tax AT

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