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Income Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

Penalty u/s 271(1)(c) - failure to pay tax paid on sale of ...


Taxpayer Avoids Penalty for Property Sale Due to Bona Fide Conduct, Exempt u/s 271(1)(c) Provisions.

May 28, 2018

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - failure to pay tax paid on sale of property - the conduct of the assessee is bonafide which takes it out from exigibility of penalty within mandate of penalty provisions - AT

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