Penalty u/s 271(1)(c) - Penalty order did not specify the ...

Case Laws Income Tax

September 9, 2023

Penalty u/s 271(1)(c) - Penalty order did not specify the particular limb under which penalty u/s 271(1)(c) is levied. AO has not specified that penalty is either levied for furnishing inaccurate particulars of income or for concealing the income. The AO himself is not clear that penalty is either levied for concealment of income or for furnishing inaccurate particulars - No penalty - AT

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Penalty u/s 271(1)(c) - Penalty order did not specify the ...

Case Laws Income Tax

September 9, 2023

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