Penalty u/s 271(1)(c) - survey team did not make further ...

No penalty u/s 271(1)(c) due to lack of further inquiry and no income discrepancy after survey disclosure.

August 1, 2019

Case Laws Income Tax HC

Penalty u/s 271(1)(c) - survey team did not make further enquiries nor was it established that these represented any other income - the amount disclosed during the survey was duly included in the original return of income filed after the date of survey hence there is no difference as such in the return of income and assessed income - no penalty

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Penalty u/s 271(1)(c) - survey team did not make further ...

No penalty u/s 271(1)(c) due to lack of further inquiry and no income discrepancy after survey disclosure.

August 1, 2019

Case Laws Income Tax HC

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