Levy of penalty u/s 271AAA - Defective notice - the Assessing ...

Case Laws Income Tax

September 4, 2020

Levy of penalty u/s 271AAA - Defective notice - the Assessing Officer has not confronted the assessee to substantiate the manner in which the additional income was earned in the absence of such query. It cannot be inferred that the assessee failed to substantiate the manner which additional income was earned - Penalty deleted - AT

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Levy of penalty u/s 271AAA - Defective notice - the Assessing ...

Case Laws Income Tax

September 4, 2020

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