Incorrect Citation Leads to Penalty in Tax Case; Section 292B Inapplicable for Substantive Errors.

Incorrect Citation Leads to Penalty in Tax Case; Section 292B Inapplicable for Substantive Errors. https://www.taxtmi.com/highlights?id=18574 Penalty for technical breach of law - Wrong mention of section 272A(2)(C) in place of 272A(2)(K) - recourse Sec. 292B of the Act would also not help the case of the Revenue because the mistake cannot be said to be a pure technical objection - AT en-us Thu, 15 May 2014 13:25:36 +0530 Thu, 15 May 2014 13:25:36 +0530 TaxTMI RSS Generator Incorrect Citation Leads to Penalty in Tax Case; Section 292B Inapplicable for Substantive Errors. https://www.taxtmi.com/highlights?id=18574 Penalty for technical breach of law - Wrong mention of section 272A(2)(C) in place of 272A(2)(K) - recourse Sec. 292B of the Act would also not help the case of the Revenue because the mistake cannot be said to be a pure technical objection - AT Highlights Income Tax Thu, 15 May 2014 13:25:36 +0530 https://www.taxtmi.com/highlights?id=18574