Offence u/s 276C - incorrect claim of deduction u/s 54B - wilful ...

Court Dismisses Prosecution for Wilful Tax Evasion Due to Incorrect Deduction Claim u/ss 276C and 54B.

February 1, 2022

Case Laws Income Tax HC

Offence u/s 276C - incorrect claim of deduction u/s 54B - wilful evasion - Merely on the statement it is situated in urban area and the agriculture was not carried out at the relevant point of time, it cannot be said that there was suppression. At any event considering the factual aspects which was dealt by the Income Tax Appellate Tribunal, this Court is of the view that the continuation of the prosecution is waste of time and futile exercise. - HC

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Offence u/s 276C - incorrect claim of deduction u/s 54B - wilful ...

Court Dismisses Prosecution for Wilful Tax Evasion Due to Incorrect Deduction Claim u/ss 276C and 54B.

February 1, 2022

Case Laws Income Tax HC

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