Penalty u/s 271A - When the turnover has to be computed only by ...

Penalty Error: Section 271A Misapplied Due to Incorrect Turnover Calculation by Assessing Officer.

September 16, 2020

Case Laws Income Tax AT

Penalty u/s 271A - When the turnover has to be computed only by taking the positive and negative outcome of the transactions and not the entire volume of the transactions, the turnover of the assessee is wrongly considered by the AO while levying the penalty u/s 271A. - AT

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Penalty u/s 271A - When the turnover has to be computed only by ...

Penalty Error: Section 271A Misapplied Due to Incorrect Turnover Calculation by Assessing Officer.

September 16, 2020

Case Laws Income Tax AT

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