High Court Confirms Penalty u/s 271(1)(c) for False Refund Claim and Encashment by Assessee.

High Court Confirms Penalty u/s 271(1)(c) for False Refund Claim and Encashment by Assessee. https://www.taxtmi.com/highlights?id=16555 Penalty u/s 271(1)(c) - The bald allegations against the counsel do not lend credence to the story of the assessee - He had not only made claim for false refund but had also received the refund and encashed it - Penalty confirmred - HC en-us Sat, 28 Dec 2013 10:32:08 +0530 Sat, 28 Dec 2013 10:32:08 +0530 TaxTMI RSS Generator High Court Confirms Penalty u/s 271(1)(c) for False Refund Claim and Encashment by Assessee. https://www.taxtmi.com/highlights?id=16555 Penalty u/s 271(1)(c) - The bald allegations against the counsel do not lend credence to the story of the assessee - He had not only made claim for false refund but had also received the refund and encashed it - Penalty confirmred - HC Highlights Income Tax Sat, 28 Dec 2013 10:32:08 +0530 https://www.taxtmi.com/highlights?id=16555