Penalty u/s. 271A - confusion between the ‘books of account’ as ...

No Penalty u/s 271A: Confusion Between Sections 44AA and 145(3) Doesn't Justify Penalty for Improper Accounts.

April 10, 2019

Case Laws Income Tax AT

Penalty u/s. 271A - confusion between the ‘books of account’ as per section 44AA and the ‘accounts’ as per section 145(3) - no finding either by the AO or by the CIT(A) that books or documents being not maintained by the assessee - not maintaining ‘proper accounts' will not attract penalty u/s. 271A

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Penalty u/s. 271A - confusion between the ‘books of account’ as ...

No Penalty u/s 271A: Confusion Between Sections 44AA and 145(3) Doesn't Justify Penalty for Improper Accounts.

April 10, 2019

Case Laws Income Tax AT

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