Immunity from Penalty Granted Despite Late Tax Payment Under Income Tax Act Section 271(1)(c) Explanation Clause 5(2.

Immunity from Penalty Granted Despite Late Tax Payment Under Income Tax Act Section 271(1)(c) Explanation Clause 5(2. https://www.taxtmi.com/highlights?id=46182 Immunity from penalty - statements u/s 132(4) - AO denied Immunity alleging that admitted tax liability was not paid in the returns filed u/s 153C - no time frame fixed in Clause 5(2) of the Explanation u/s 271(1)(c)for payment of tax - immunity granted even if paid tax belatedly en-us Tue, 30 Apr 2019 08:06:03 +0530 Tue, 30 Apr 2019 08:06:03 +0530 TaxTMI RSS Generator Immunity from Penalty Granted Despite Late Tax Payment Under Income Tax Act Section 271(1)(c) Explanation Clause 5(2. https://www.taxtmi.com/highlights?id=46182 Immunity from penalty - statements u/s 132(4) - AO denied Immunity alleging that admitted tax liability was not paid in the returns filed u/s 153C - no time frame fixed in Clause 5(2) of the Explanation u/s 271(1)(c)for payment of tax - immunity granted even if paid tax belatedly Highlights Income Tax Tue, 30 Apr 2019 08:06:03 +0530 https://www.taxtmi.com/highlights?id=46182