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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

The assessee is liable to levy of penalty u/s 271(1)(c) on the ...


Penalty Imposed for Foreign Tour Expenses, Scholarships, and Loan Interest Linked to Trustees u/s 271(1)(c.

December 21, 2017

Case Laws     Income Tax     AT

The assessee is liable to levy of penalty u/s 271(1)(c) on the expenditure incurred on Foreign Tour of the trustees, scholarship given to the relatives of the trustees and also on the interest on loan given to relatives of the trustees - AT

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