https://www.taxtmi.com/highlights?id=31805 Levy of penalty u/s 271 (1)(c) - Explanation 4 to section 271(1)(c) is clarificatory and not substantive and would apply even to assessment year prior to April 1, 2003, the date on which the amendment was brought into force. - HC en-us Sat, 22 Oct 2016 21:12:09 +0530 Sat, 22 Oct 2016 21:09:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=31805 Levy of penalty u/s 271 (1)(c) - Explanation 4 to section 271(1)(c) is clarificatory and not substantive and would apply even to assessment year prior to April 1, 2003, the date on which the amendment was brought into force. - HC Highlights Income Tax Sat, 22 Oct 2016 21:12:09 +0530 https://www.taxtmi.com/highlights?id=31805