Penalty 271AAA

  • Income Tax

Delay condoned as assessee filed a single appeal against two penalty orders, later realized it was not allowed

Delay condoned as assessee filed a single appeal against two penalty orders and later realized that a single appeal against…

5 years ago
  • Income Tax

CIT-Appeals is not Assessing Officer hence can not initiate, levy or enhance penalty – ITAT

CIT-Appeals is not Assessing Officer hence can not initiate or levy penalty. The enhancement of penalty u/s 271AAA by CIT-A…

6 years ago
  • Income Tax

Penalty u/s 271AAA-What constitutes substantiating how undisclosed income was derived-High Court

Penalty u/s 271AAA-what constitutes substantiating how undisclosed income was derived-High Court explains prerequisites of statement u/s 132(4) to avert penalty…

6 years ago