Penalty for Unoffered Income from Web Hosting Services Deemed Unsustainable Due to Debatable Royalty Classification u/s 271(1)(c). https://www.taxtmi.com/highlights?id=70054 Penalty u/s 271(1)(c) - debatable issue arises - partial income not offered to tax - revenue from web hosting services - income in the nature of royalty or not - since the matter is debatable and still to attain the finality, levy of penalty is not sustainable - AT en-us Wed, 31 May 2023 10:32:28 +0530 Wed, 31 May 2023 10:32:28 +0530 TaxTMI RSS Generator Penalty for Unoffered Income from Web Hosting Services Deemed Unsustainable Due to Debatable Royalty Classification u/s 271(1)(c). https://www.taxtmi.com/highlights?id=70054 Penalty u/s 271(1)(c) - debatable issue arises - partial income not offered to tax - revenue from web hosting services - income in the nature of royalty or not - since the matter is debatable and still to attain the finality, levy of penalty is not sustainable - AT Highlights Income Tax Wed, 31 May 2023 10:32:28 +0530 https://www.taxtmi.com/highlights?id=70054