Court Upholds Penalty for Non-Disclosure of Land and Windmill Sale u/s 271(1)(c); Highlights Tax Disclosure Importance.

Court Upholds Penalty for Non-Disclosure of Land and Windmill Sale u/s 271(1)(c); Highlights Tax Disclosure Importance. https://www.taxtmi.com/highlights?id=54522 Penalty u/s. 271(1)(c) - non disclosure of sale the lands and windmill - As carefully perused the penalty order dated 25.09.2015 and we find that the Assessing Officer considered all the factual aspects raised by the assessee and rejected the same to be absolutely without bonafides. - HC en-us Fri, 28 Aug 2020 20:16:27 +0530 Fri, 28 Aug 2020 20:16:27 +0530 TaxTMI RSS Generator Court Upholds Penalty for Non-Disclosure of Land and Windmill Sale u/s 271(1)(c); Highlights Tax Disclosure Importance. https://www.taxtmi.com/highlights?id=54522 Penalty u/s. 271(1)(c) - non disclosure of sale the lands and windmill - As carefully perused the penalty order dated 25.09.2015 and we find that the Assessing Officer considered all the factual aspects raised by the assessee and rejected the same to be absolutely without bonafides. - HC Highlights Income Tax Fri, 28 Aug 2020 20:16:27 +0530 https://www.taxtmi.com/highlights?id=54522