No Penalty for MAT Companies u/s 115-JB if Inaccurate Details Don't Lead to Tax Evasion. https://www.taxtmi.com/highlights?id=14722 Penalty u/s 271(1)(c) - in respect of MAT companies, which are assessed under Section 115-JB, where the furnishing of inaccurate particulars does not result into any evasion of tax, no penalty - HC en-us Wed, 25 Sep 2013 21:55:22 +0530 Wed, 25 Sep 2013 21:55:22 +0530 TaxTMI RSS Generator No Penalty for MAT Companies u/s 115-JB if Inaccurate Details Don't Lead to Tax Evasion. https://www.taxtmi.com/highlights?id=14722 Penalty u/s 271(1)(c) - in respect of MAT companies, which are assessed under Section 115-JB, where the furnishing of inaccurate particulars does not result into any evasion of tax, no penalty - HC Highlights Income Tax Wed, 25 Sep 2013 21:55:22 +0530 https://www.taxtmi.com/highlights?id=14722