No Penalty for Assessee: Chartered Accountant's Bona Fide Mistake Led to Income Computation Error u/s 271(1)(c).

No Penalty for Assessee: Chartered Accountant's Bona Fide Mistake Led to Income Computation Error u/s 271(1)(c). https://www.taxtmi.com/highlights?id=40629 Penalty u/s.271(1)(c) - bonafide mistake - failure to voluntarily add back provision of gratuity in the computation of income - the fault of Chartered Accountant cannot be visited on the assessee - No penalty. en-us Thu, 02 Aug 2018 15:48:08 +0530 Thu, 02 Aug 2018 15:48:08 +0530 TaxTMI RSS Generator No Penalty for Assessee: Chartered Accountant's Bona Fide Mistake Led to Income Computation Error u/s 271(1)(c). https://www.taxtmi.com/highlights?id=40629 Penalty u/s.271(1)(c) - bonafide mistake - failure to voluntarily add back provision of gratuity in the computation of income - the fault of Chartered Accountant cannot be visited on the assessee - No penalty. Highlights Income Tax Thu, 02 Aug 2018 15:48:08 +0530 https://www.taxtmi.com/highlights?id=40629