Levy of penalty u/s 271(1)(c) - The assessee's specific case was ...

High Court Overturns Penalty on Assessee Due to Chartered Accountant's Death and Resulting Errors in Tax Return Filing.

September 13, 2019

Case Laws Income Tax HC

Levy of penalty u/s 271(1)(c) - The assessee's specific case was that they were advised to file the return of income in a particular fashion and prior to the assessment proceedings, their Chartered Accountant had passed away and this had led to the mistake, which the AO pointed out during the assessment proceedings - penalty imposed by the AO and confirmed by the CIT(A) and ITAT is perverse and liable to be set aside - HC

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Levy of penalty u/s 271(1)(c) - The assessee's specific case was ...

High Court Overturns Penalty on Assessee Due to Chartered Accountant's Death and Resulting Errors in Tax Return Filing.

September 13, 2019

Case Laws Income Tax HC

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