Penalty u/s 271(1)(c) - when the assessee has not brought on ...

Penalty Imposed u/s 271(1)(c) for Failure to Prove Share Premium Genuineness and Inaccurate Income Reporting.

December 15, 2020

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - when the assessee has not brought on record any evidence to prove the genuineness of the share premium and has also miserably failed to establish on record that there is neither any concealment or furnishing of inaccurate particulars of income, imposition of penalty under section 271(1)(c) of the Act, in our view, is justified - AT

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Penalty u/s 271(1)(c) - when the assessee has not brought on ...

Penalty Imposed u/s 271(1)(c) for Failure to Prove Share Premium Genuineness and Inaccurate Income Reporting.

December 15, 2020

Case Laws Income Tax AT

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