Penalty for Concealed Income u/ss 271(1)(c) & 250 Applies Post-Return, Even for Belated Filings.

Penalty for Concealed Income u/ss 271(1)(c) & 250 Applies Post-Return, Even for Belated Filings. https://www.taxtmi.com/highlights?id=24928 Penalty under Sec.271(1)(c) read with section Sec. 250 - concealment of income starts only after the return of income was filed or subsequent to filing of belated return of income when the Department detects certain income as escaped - AT en-us Fri, 25 Sep 2015 07:47:31 +0530 Fri, 25 Sep 2015 07:47:31 +0530 TaxTMI RSS Generator Penalty for Concealed Income u/ss 271(1)(c) & 250 Applies Post-Return, Even for Belated Filings. https://www.taxtmi.com/highlights?id=24928 Penalty under Sec.271(1)(c) read with section Sec. 250 - concealment of income starts only after the return of income was filed or subsequent to filing of belated return of income when the Department detects certain income as escaped - AT Highlights Income Tax Fri, 25 Sep 2015 07:47:31 +0530 https://www.taxtmi.com/highlights?id=24928