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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Penalty u/s. 271(1)(c) - bonafide mistake - assessee could not ...


No Penalty for Assessee u/s 271(1)(c) Due to Bona Fide Mistake in Tax Return Filing.

March 3, 2017

Case Laws     Income Tax     AT

Penalty u/s. 271(1)(c) - bonafide mistake - assessee could not be said to have filed "false" returns when it did not include the amount of interest and notional house property income in the taxable income - no penalty - AT

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