Penalty u/s 271(1)(c) - loss on account of foreign exchange ...

Penalty u/s 271(1)(c) Not Justified by Rejection of Foreign Exchange Loss Claim by Assessing Officer.

January 29, 2019

Case Laws Income Tax HC

Penalty u/s 271(1)(c) - loss on account of foreign exchange fluctuation - Mere rejection of claim made by the AO would not by itself lead to imposition of penalty under Section 271(1)(c) of the Act.

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Penalty u/s 271(1)(c) - loss on account of foreign exchange ...

Penalty u/s 271(1)(c) Not Justified by Rejection of Foreign Exchange Loss Claim by Assessing Officer.

January 29, 2019

Case Laws Income Tax HC

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