Penalty u/s 271C - assessment u/s 153C - When there was no ...

Case Laws Income Tax

January 14, 2019

Penalty u/s 271C - assessment u/s 153C - When there was no addition to the declared income in any of the years, penalty was correctly deleted by the Tribunal. Explanation 5A below Section 271 would apply only in case of searched person, it cannot be extended to the person other than the searched person

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Penalty u/s 271C - assessment u/s 153C - When there was no ...

Case Laws Income Tax

January 14, 2019

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