No penalty imposable u/s 271(1)(c) where High Court accepted substantial question of law u/s 260A against quantum appeal
April 30, 2016
Income Tax, ITAT, Judgments
Where High Court accepted substantial question of law u/s 260A, against the quantum appeal, itself shows that issue was debatable and in such a case no penalty was imposable u/s 271(1)(c) In a recent judgment, ITAT Delhi has stated that where High Court accepted substantial question of law u/s …