Upto and until, the issue regarding determination of the taxable ...

Case Laws Income Tax

January 14, 2020

Upto and until, the issue regarding determination of the taxable income is finalized, penalty u/s 271(1)(c) of the Act cannot be imposed upon the assessee. Once we have set aside the quantum proceedings, then very basis to compute penalty gets extinguished.

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Upto and until, the issue regarding determination of the taxable ...

Case Laws Income Tax

January 14, 2020

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