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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Penalty U/s 271(1)(c) - addition was confirmed by CIT(A) and ...

Case Laws     Income Tax

June 15, 2019

Penalty U/s 271(1)(c) - addition was confirmed by CIT(A) and ITAT, Thus, there is no dispute with regard to the concealment of income and furnishing of inaccurate particulars of income - If there is no variance between the charge levied at the time of initiation of penalty proceedings and the charge levied at the time of imposition of penalty then no fault can be found with regard to defect in notice so as to hold that the penalty is not leviable

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