https://www.taxtmi.com/highlights?id=16551 Levy of penalty under section 271(1)(c). - taxability of income in the hands of trust or beneficiary - applicability of provisions of Section 61(1) - The orders of AO levying penalty is not only bad in law but also on facts - AT en-us Sat, 28 Dec 2013 09:55:38 +0530 Sat, 28 Dec 2013 09:55:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=16551 Levy of penalty under section 271(1)(c). - taxability of income in the hands of trust or beneficiary - applicability of provisions of Section 61(1) - The orders of AO levying penalty is not only bad in law but also on facts - AT Highlights Income Tax Sat, 28 Dec 2013 09:55:38 +0530 https://www.taxtmi.com/highlights?id=16551