Tuesday, September 4, 2018

SC levies Rs. 10 lakh penalty on IT Dept. for inadequate explanation of delay in filing SLP

IT : Where there is an inadequate explanation for delay of 596 days in filing special leave petition and a misleading statement about pendency of a similar civil appeal, petition should be dismissed and penalty of Rs. 10 lacs is to be paid to Supreme Court Legal Services Committee

from www.taxmann.com Latest Case Laws https://ift.tt/2Cf4hfj

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...