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Income Tax - Highlights / Catch Notes

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Penalty u/s 271(1)(c) - addition of deemed dividend u/s 2(22)(e) ...


Penalty u/s 271(1)(c) Not Applicable for Deemed Dividend Addition u/s 2(22)(e) of Income Tax Act.

April 20, 2017

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - addition of deemed dividend u/s 2(22)(e) - addition on account of deemed provisions cannot be construed as furnishing inaccurate particulars of income or concealment of income - AT

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