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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Stay of demand for penalty u/s.271(1)(c) - quantum appeal ...


Penalty Demand Stayed u/s 271(1)(c) Due to Pending Appeal; Recovery Could Cause Significant Loss to Assessee.

April 10, 2019

Case Laws     Income Tax     AT

Stay of demand for penalty u/s.271(1)(c) - quantum appeal pending - assessee prima-facie having fair chance of win - enforcement for recovery would cause serious loss and damage - demand stayed

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