Penalty u/s. 271(1)(c) - calibre and expertise of the assessee ...

Case Laws Income Tax

June 2, 2017

Penalty u/s. 271(1)(c) - calibre and expertise of the assessee has little or nothing to do with the inadvertent error. Absence of due care, in a case such as the present does not mean that the assessed is guilty of either furnishing inaccurate particulars or attempting to conceal its income - no penalty - AT

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Penalty u/s. 271(1)(c) - calibre and expertise of the assessee ...

Case Laws Income Tax

June 2, 2017

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Penalty u/s 271(1)(c) - The calibre and expertise of the assessee has little or nothing to do with the inadvertent error. - SC

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