Penalty Imposed u/s 45(6) When Tax Discrepancy Exceeds 25% Between Paid and Actual Tax Payable.

Penalty Imposed u/s 45(6) When Tax Discrepancy Exceeds 25% Between Paid and Actual Tax Payable. https://www.taxtmi.com/highlights?id=34201 The difference in the amount of tax paid with the return and the tax payable would be more than 25% - penalty u/s 45(6) is rightly imposed on the difference of tax paid and tax payable. - HC en-us Fri, 07 Apr 2017 16:32:07 +0530 Fri, 07 Apr 2017 16:32:07 +0530 TaxTMI RSS Generator Penalty Imposed u/s 45(6) When Tax Discrepancy Exceeds 25% Between Paid and Actual Tax Payable. https://www.taxtmi.com/highlights?id=34201 The difference in the amount of tax paid with the return and the tax payable would be more than 25% - penalty u/s 45(6) is rightly imposed on the difference of tax paid and tax payable. - HC Highlights VAT and Sales Tax Fri, 07 Apr 2017 16:32:07 +0530 https://www.taxtmi.com/highlights?id=34201