Levy of penalty u/s 271(1)(c) - claiming false depreciation - ...

Penalty Imposed for False Depreciation Claim as Lease Transaction Not Bona Fide, Confirmed by Three Authorities u/s 271(1)(c.

October 5, 2018

Case Laws Income Tax HC

Levy of penalty u/s 271(1)(c) - claiming false depreciation - lease transaction not to be a bonafide transaction - three authorities have concurrently held on facts against the assessee - Levy of penalty confirmed.

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Levy of penalty u/s 271(1)(c) - claiming false depreciation - ...

Penalty Imposed for False Depreciation Claim as Lease Transaction Not Bona Fide, Confirmed by Three Authorities u/s 271(1)(c.

October 5, 2018

Case Laws Income Tax HC

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