income tax penalty

  • Income Tax

CA made a big mistake by withdrawing appeal against penalty order on winning quantum appeal

CA made a big mistake by withdrawing appeal against the penalty order on winning quantum appeal. CIT(A) was not justified…

6 years ago
  • Income Tax

Rationalisation of income tax penalty provisions in budget- 2016-17

Rationalisation of income tax penalty provisions in budget- 2016-17 New section 270A for under-reporting of income from AY 2017-18 Under…

8 years ago
  • Income Tax

No Penalty 271(1)(c) if income offered u/s 132(2) is accepted by Assessing Officer u/s 153A and assessed

No Penalty 271(1)(c) if income offered u/s 132(2) is accepted by Assessing Officer u/s 153A and assessed INCOME TAX APPELLATE…

8 years ago