Penalty u/s 271(1)(c) - error in filing return - Once the ...

Voluntary Income Revision Before Scrutiny Notice: No Penalty Imposed for Bona Fide Error u/s 271(1)(c) of Income Tax Act.

May 7, 2019

Case Laws Income Tax HC

Penalty u/s 271(1)(c) - error in filing return - Once the assessee is served with a notice of scrutiny assessment, corrections to the declaration of his income, would not grant an immunity from penalty - The assessee revised income voluntarily before he was confronted with the incorrect claim - original declaration of income suffered from a bonafide unintended error - no penalty

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Penalty u/s 271(1)(c) - error in filing return - Once the ...

Voluntary Income Revision Before Scrutiny Notice: No Penalty Imposed for Bona Fide Error u/s 271(1)(c) of Income Tax Act.

May 7, 2019

Case Laws Income Tax HC

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