Block assessment u/s 158BD - Penalty u/s 158BFA(2) - Penalty is ...

Case Laws Income Tax

March 11, 2020

Block assessment u/s 158BD - Penalty u/s 158BFA(2) - Penalty is almost automatic unless it is covered by the proviso. In the present case, return was not filed by these two assesses after receipt of notice u/s 158BD. Hence, the proviso is not applicable - AT

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Block assessment u/s 158BD - Penalty u/s 158BFA(2) - Penalty is ...

Case Laws Income Tax

March 11, 2020

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