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Income Tax - Highlights / Catch Notes

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Penalty order u/s. 271(1)(c) - expenditure claimed u/s. 57 - ...

Case Laws     Income Tax

September 30, 2023

Penalty order u/s. 271(1)(c) - expenditure claimed u/s. 57 - Nexus with “income from other sources” - mere filing written submission for 5 pages without any material evidences cannot yield good result to the assessee. We do not find proper assistance from the assessee by simply filing a written submission without any material evidences - Additions confirmed - AT

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