3 results for “penalty u/s 271”+ Section 32(1)(iia)clear
Sorted by relevance
In the results, the appeal of the assessee in ITA no
Bench: moving towards the facts of the case we would like to mention that the assessee has assailed the appeal for assessment year 2015-16 in
271(1)(c) of the Act If we take the view that a cloim which is wholly untenable in law and has absolutely no foundation on which it could be made, the assessee would not be liable to imposition of penalty even if he was not acting bonafide while making a claim of this nature, that would give a licence