Taxpayer Penalized for Incorrect MAT Calculation u/s 271(1)(c), Failing to File Form 29B as Required by Section 115JB.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Penalty u/s 271(1)(c) - not offering correct MAT on the book profit u/s 115JB - assessee had not furnished any detail of MAT calculation and also had not filed form 29B - Levy of penalty @100% of deemed income confirmed - AT....




TaxTMI
TaxTMI