Penalty u/s 271(1)(c) - non disclosure of income earned by way ...

Penalty Upheld for Non-Disclosure of Director Sitting Fees; Section 271(1)(c) Applies Despite Lack of Books.

March 4, 2017

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - non disclosure of income earned by way of Director Sitting Fee - merely because the assessee is not maintaining books of accounts, he cannot get rid of offering the income earned by him during the year - Levy of penalty confirmed - AT

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Penalty u/s 271(1)(c) - non disclosure of income earned by way ...

Penalty Upheld for Non-Disclosure of Director Sitting Fees; Section 271(1)(c) Applies Despite Lack of Books.

March 4, 2017

Case Laws Income Tax AT

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