Penalty u/s. 271(1)(c) - wrong valuation of the property - ...

No Penalty for Incorrect Property Valuation: Assessee and Revenue Equally at Fault u/s 271(1)(c.

May 17, 2017

Case Laws Income Tax AT

Penalty u/s. 271(1)(c) - wrong valuation of the property - assessee as well as the Revenue have been found to be at equal fault in evaluating the land in question - assessee cannot be penalized for such an act and conduct of valuation of the property - no penalty - AT

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Penalty u/s. 271(1)(c) - wrong valuation of the property - ...

No Penalty for Incorrect Property Valuation: Assessee and Revenue Equally at Fault u/s 271(1)(c.

May 17, 2017

Case Laws Income Tax AT

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