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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Penalty u/s. 271(F) - non furnishing the return within the due ...


No Penalty Imposed for Late Tax Return Filing Due to Bona Fide Belief u/s 271(F.

March 10, 2017

Case Laws     Income Tax     AT

Penalty u/s. 271(F) - non furnishing the return within the due date - bonafide belief that income was not taxable - There was reasonable cause for the failure of the assessee to comply with the provisions of the Act - No penalty - AT

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