2 results for “penalty u/s 271”+ Section 92Aclear
Sorted by relevance
In the result, the appeal of the assessee in ITA
Bench: Shri Chandra Poojari & Shri G. Pavan Kumar
u/s. Sec.271AA are leviable only when there is failure to maintain information and documents and report of certain transaction but assessee has maintained details called u/s.92D(1) of the Act. Whereas provisions of Sec. 271G shall apply to failure to furnish documents. And on comparing the provisions of Secs.271AA and 271G of the Act. Sec 271AA. Without prejudice