Court Rules Insufficient Satisfaction for Penalty u/s 271(1)(c); Proper Procedures Required for Income Disclosure Penalties.

Court Rules Insufficient Satisfaction for Penalty u/s 271(1)(c); Proper Procedures Required for Income Disclosure Penalties. https://www.taxtmi.com/highlights?id=40755 Penalty u/s 271(1)(c) - recording of satisfaction - mere direction in the assessment order to initiate penalty proceedings - Concealment/furnishing inaccurate particulars of income - penalty set aside. en-us Thu, 09 Aug 2018 13:28:08 +0530 Thu, 09 Aug 2018 13:28:08 +0530 TaxTMI RSS Generator Court Rules Insufficient Satisfaction for Penalty u/s 271(1)(c); Proper Procedures Required for Income Disclosure Penalties. https://www.taxtmi.com/highlights?id=40755 Penalty u/s 271(1)(c) - recording of satisfaction - mere direction in the assessment order to initiate penalty proceedings - Concealment/furnishing inaccurate particulars of income - penalty set aside. Highlights Income Tax Thu, 09 Aug 2018 13:28:08 +0530 https://www.taxtmi.com/highlights?id=40755