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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Penalty - assessee has not been able to show any reasonable ...


Penalties Imposed on Assessee for Non-Compliance with Transfer Pricing Rules u/ss 271AA and 271G of Income Tax Act.

June 22, 2018

Case Laws     Income Tax     AT

Penalty - assessee has not been able to show any reasonable cause for not complying with Rules nor for its failure to produce information called for by the ld. TPO. - levy of penalty u/s 271AA as well as 271G of the Act were justified.

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