https://www.taxtmi.com/highlights?id=47256 Penalty u/s 271(1)(c) - income voluntarily offered before commencement of assessment proceedings - the time limit for furnishing the revised return of income u/s 139(5) did not expired and assessment u/s 143(3) was still in the process of completion hence assessee was legally entitled to file the revised return of income - not liable for paying penalty on the income duly disclosed in the revised return en-us Tue, 18 Jun 2019 05:49:55 +0530 Tue, 18 Jun 2019 05:49:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47256 Penalty u/s 271(1)(c) - income voluntarily offered before commencement of assessment proceedings - the time limit for furnishing the revised return of income u/s 139(5) did not expired and assessment u/s 143(3) was still in the process of completion hence assessee was legally entitled to file the revised return of income - not liable for paying penalty on the income duly disclosed in the revised return Highlights Income Tax Tue, 18 Jun 2019 05:49:55 +0530 https://www.taxtmi.com/highlights?id=47256