Tribunal Rules No Penalty u/s 271(1)(c) for Shifting Taxability Without Concealment or Inaccurate Details.

Tribunal Rules No Penalty u/s 271(1)(c) for Shifting Taxability Without Concealment or Inaccurate Details. https://www.taxtmi.com/highlights?id=37211 Penalty u/s 271(1)(c) - assessee has merely shifted the taxability in this year; and hence; there could not be a remotest case for levy of penalty either for concealment of income or for furnishing of any inaccurate particulars - AT en-us Mon, 18 Dec 2017 12:33:24 +0530 Mon, 18 Dec 2017 12:33:24 +0530 TaxTMI RSS Generator Tribunal Rules No Penalty u/s 271(1)(c) for Shifting Taxability Without Concealment or Inaccurate Details. https://www.taxtmi.com/highlights?id=37211 Penalty u/s 271(1)(c) - assessee has merely shifted the taxability in this year; and hence; there could not be a remotest case for levy of penalty either for concealment of income or for furnishing of any inaccurate particulars - AT Highlights Income Tax Mon, 18 Dec 2017 12:33:24 +0530 https://www.taxtmi.com/highlights?id=37211