Penalty u/s 271(1)(c) - there is small difference between 26AS ...

Case Laws Income Tax

February 27, 2021

Penalty u/s 271(1)(c) - there is small difference between 26AS and income returned. This is also very minor and the assessee does not deserve to be visited with the rigour of penalty. We are of the considered opinion that assessee's conduct is not contumacious and his claims are not mala fide. Hence, assessee should not be visited with rigour of penalty - AT

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Penalty u/s 271(1)(c) - there is small difference between 26AS ...

Case Laws Income Tax

February 27, 2021

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