Taxpayer Penalty Upheld: Agreement to Addition in Section 263 Proceedings Doesn't Justify Waiving Penalty.

Taxpayer Penalty Upheld: Agreement to Addition in Section 263 Proceedings Doesn't Justify Waiving Penalty. https://www.taxtmi.com/highlights?id=40354 Levy of penalty - the assessee agreed to such addition in the proceedings under section 263 of the Act, cannot be the ground for not levying the penalty. en-us Fri, 13 Jul 2018 11:34:52 +0530 Fri, 13 Jul 2018 11:34:52 +0530 TaxTMI RSS Generator Taxpayer Penalty Upheld: Agreement to Addition in Section 263 Proceedings Doesn't Justify Waiving Penalty. https://www.taxtmi.com/highlights?id=40354 Levy of penalty - the assessee agreed to such addition in the proceedings under section 263 of the Act, cannot be the ground for not levying the penalty. Highlights Income Tax Fri, 13 Jul 2018 11:34:52 +0530 https://www.taxtmi.com/highlights?id=40354