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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

The submission that, non-payment of advance tax was on account ...


Court Rules Non-Payment of Advance Tax Doesn't Excuse Interest Penalties u/s 215(1) Due to Uncontrollable Circumstances.

February 19, 2017

Case Laws     Income Tax     HC

The submission that, non-payment of advance tax was on account of circumstances beyond the control of the assessee and for a reasonable cause, would not warrant deletion of interest payable on account of short payment / non-payment of the advance tax u/s 215(1) - HC

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