Section 271(1)(c) Penalty Not Applicable for Minor Breaches or Genuine Belief of Non-Compliance in Tax Matters.

Section 271(1)(c) Penalty Not Applicable for Minor Breaches or Genuine Belief of Non-Compliance in Tax Matters. https://www.taxtmi.com/highlights?id=44643 Penalty u/s. 271(1)(c) - when there is a technical or venial breach of the provisions of the Act, or where the breach flows from a bonafide belief that the offender is not liable to act in the manner prescribed by the statute - No penalty. en-us Thu, 21 Feb 2019 12:28:52 +0530 Thu, 21 Feb 2019 12:28:52 +0530 TaxTMI RSS Generator Section 271(1)(c) Penalty Not Applicable for Minor Breaches or Genuine Belief of Non-Compliance in Tax Matters. https://www.taxtmi.com/highlights?id=44643 Penalty u/s. 271(1)(c) - when there is a technical or venial breach of the provisions of the Act, or where the breach flows from a bonafide belief that the offender is not liable to act in the manner prescribed by the statute - No penalty. Highlights Income Tax Thu, 21 Feb 2019 12:28:52 +0530 https://www.taxtmi.com/highlights?id=44643