Indecision on Applying Section 271(1)(c) or 271AAA Results in No Penalty Imposed Due to Lack of Clear Judgment.

Indecision on Applying Section 271(1)(c) or 271AAA Results in No Penalty Imposed Due to Lack of Clear Judgment. https://www.taxtmi.com/highlights?id=34633 Penalty u/s 271(1)(c) - Assessing Officer was quite unsure as to which of the two sections namely, section 271(1)(c) or section 271AAA was he intending to proceed. Such an approach is also reflective of non application of mind by the Assessing Officer - No penalty - AT en-us Wed, 03 May 2017 08:32:16 +0530 Wed, 03 May 2017 08:32:16 +0530 TaxTMI RSS Generator Indecision on Applying Section 271(1)(c) or 271AAA Results in No Penalty Imposed Due to Lack of Clear Judgment. https://www.taxtmi.com/highlights?id=34633 Penalty u/s 271(1)(c) - Assessing Officer was quite unsure as to which of the two sections namely, section 271(1)(c) or section 271AAA was he intending to proceed. Such an approach is also reflective of non application of mind by the Assessing Officer - No penalty - AT Highlights Income Tax Wed, 03 May 2017 08:32:16 +0530 https://www.taxtmi.com/highlights?id=34633