2 results for “penalty u/s 271”+ Section 58clear
Sorted by relevance
Bench: RAMESH RANGANATHAN,KONGARA VIJAYA LAKSHMI
58 of 85 action is initiated by RBI till today would not render the findings recorded by the authorities under the IT Act as erroneous or illegal.” 51. GE contends that the business activities in India must include the authority to conclude contracts for such activities to not be auxiliary or preparatory in nature. This is not necessary. The assessee