114 results for “penalty u/s 271”+ Section 14clear
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Bench: Shri A. D. Jain & Shri T. S. Kapoor
u/s 271(1)(c) of the Income Tax Act, 1961 is being initiated against the assessee in assessment year 2014-15 separately for concealment of particulars of income or furnishing inaccurate particulars of income.” Thus, even in the assessment order, the specific charge for the proposed levy of penalty has not been delineated. 7. In 'CIT vs. SSA's Emerald