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Income Tax - Highlights / Catch Notes

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Penalty u/s 271(1)(b) - non-compliance with notices u/s 142(1) - ...


Court Cancels Penalty u/s 271(1)(b) Due to Insufficient Time Given for Compliance with Section 142(1) Notices.

May 18, 2018

Case Laws     Income Tax     AT

Penalty u/s 271(1)(b) - non-compliance with notices u/s 142(1) - assessee was given very little time to furnish long list of requirements and there was reasonable cause on the part of the assessee for being unable to file the details on the given data in the notice - Penalty set aside - AT

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