Imposition of Penalty u/s 271(1)(c) - The explanation given by ...

Court Upholds Penalty for Taxpayer's False Depreciation Claim u/s 271(1)(c); Explanation Lacked Honesty and Accuracy.

December 12, 2012

Case Laws Income Tax HC

Imposition of Penalty u/s 271(1)(c) - The explanation given by the assessee for the depreciation claim, is neither bona-fide, nor substantiated - penalty confirmed - HC

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Imposition of Penalty u/s 271(1)(c) - The explanation given by ...

Court Upholds Penalty for Taxpayer's False Depreciation Claim u/s 271(1)(c); Explanation Lacked Honesty and Accuracy.

December 12, 2012

Case Laws Income Tax HC

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