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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Penalty under section 271(1)(c) - penalty immunity - if income ...


Section 271(1)(c) Penalty Applies for Undeclared Income Beyond Section 139(1) Deadline; No Penalty Immunity Available.

June 27, 2012

Case Laws     Income Tax     AT

Penalty under section 271(1)(c) - penalty immunity - if income has not been declared before the expiry of time under sub-section (1) of section 139, then immunity is not available. - AT

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