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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Initiation of prosecution - Penalty upheld by ITAT - substantial ...


ITAT Upholds Penalty u/s 271(1)(c), But High Court Stay Halts Prosecution Initiation Pending Legal Question Resolution.

March 20, 2019

Case Laws     Income Tax     HC

Initiation of prosecution - Penalty upheld by ITAT - substantial question of law relating to penalty u/s 271(1)(c) pending before High Court - at this stage, there would no question of launching prosecution - initiation of prosecution stayed.

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