Penalty u/s 271(1)(c) - revision u/s 263 - In the absence of any ...

Case Laws Income Tax

March 31, 2018

Penalty u/s 271(1)(c) - revision u/s 263 - In the absence of any finding of the AO with regard to concealment of income or with regard to furnishing of inaccurate particulars of income, the CIT clearly erred in holding that omission to record satisfaction to initiate penalty proceedings was erroneous or prejudicial to the interest of Revenue. - HC

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Penalty u/s 271(1)(c) - revision u/s 263 - In the absence of any ...

Case Laws Income Tax

March 31, 2018

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