Penalty - genuineness of the gifts - There was concealment on ...

Tribunal Confirms Penalty for Concealment of Gift Facts u/s 271(1)(c); Denies Benefit u/s 56(2)(vi) Proviso.

July 28, 2017

Case Laws Income Tax HC

Penalty - genuineness of the gifts - There was concealment on the part of the assessee so as to levy penalty under Section 271(1)(c) of the Act. Thus, the Tribunal was right in denying benefit under Proviso to Section 56(2)(vi) - HC

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Penalty - genuineness of the gifts - There was concealment on ...

Tribunal Confirms Penalty for Concealment of Gift Facts u/s 271(1)(c); Denies Benefit u/s 56(2)(vi) Proviso.

July 28, 2017

Case Laws Income Tax HC

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