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Section 271(1)(c)4 Section 153A4 Section 132(4)2

COMMISSIONER OF INCOME TAX (IT & TP) vs. M/S. DONGFANG ELECTRIC CORPORATION

ITAT/66/2018HC Calcutta09 Jul 2021

Bench: : The Hon’Ble Justice Surya Prakash Kesarwani

Section 132(1)Section 132(4)Section 133ASection 139Section 153ASection 271(1)(c)Section 274

penalty u/s 271(1)(c)of the I.T Act is in contravention to explanation 5A to section 271(1)(c). That is why undisclosed income of Rs. 4.99 Crore was included in the return of income filed u/s 153A