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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Offence under Section 276CC - The fact that the assessee had ...


Taxpayer Faces Prosecution for Late Filing u/s 276CC Despite Later Submission for 2003-04 Assessment Year.

October 3, 2018

Case Laws     Income Tax     HC

Offence under Section 276CC - The fact that the assessee had subsequently furnished the return of income for AY 2003-04 on 24.10.2007 can also not take away from the fact that he had incurred the liability to be prosecuted earlier on account of failure to furnish the income-tax return within the stipulated period.

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