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1 result for “section 68”+ Section 2(24)clear

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INCOME TAX OFFICER, JIND vs. M/S. MANGAT RAM NORATA RAM NARWANA

Appeal is allowed, impugned orders are

Crl.A. No.-000008-000008 - 2005Supreme Court05 May 2011
Section 142(1)Section 143(3)Section 148Section 271(1)(a)Section 271(1)(c)Section 276CSection 276C(1)

68,200/- and directed for initiating penalty proceedings. Ultimately, the minimum penalty of Rs.1,24,950/- was imposed under Section 271(1)(c) of the Act and further a sum of Rs.7890/- and Rs.12,680/- under Section 271(1)(a) of the Act. The respondent firm filed appeal against the imposition of 4 penalty which was dismissed