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Income Tax - Highlights / Catch Notes

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Stay of demand - Penalty u/s. 271(1)(C) on disallowance of ...


Stay of Demand Granted on Penalty u/s 271(1)(C) for Disallowed Interest and Fees; Prima Facie Case Proven.

June 1, 2019

Case Laws     Income Tax     AT

Stay of demand - Penalty u/s. 271(1)(C) on disallowance of interest and professional fees - assessee has established the prima facie case and balance of convenience in its favour for grant of stay on the balance outstanding demand - stay granted

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