penalty u/s 271(1)(c)

Sec. 271(1)(c ), Sec. 43(6), Section 32

Bombay H.C : the Tribunal was justified in deleting the penalty levied by the assessing officer u/s.271(1)© of the Income Tax Act even though the assessee had accepted in assessment proceedings that it had filed inaccurate particulars of income by claiming excess depreciation amounting to Rs.32,51,161/- in its return of income

High Court Of Bombay CIT vs. Somany Evergree Knits Ltd. Section 271(1)(C ), 32, 43(6) Asst. Year 2003-04 J.P. Devadhar

Scroll to Top
Malcare WordPress Security