3 results for “house property”+ Penaltyclear
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In the result, appeals are allowed as indicated above
Bench: Shri Saktijit Dey & Shri M. Balaganesh
penalty imposed u/s. 271(1)(c) of the Income-tax Act, 1961 for nine assessment years, viz., 1998-99 and 2004-05 to 2011- 12. However, presently, we are concerned with assessment years 2010- 11 and 2011-12. 2. Briefly, the facts are, the assessee is a resident individual deriving income from salary, house property