Wednesday, February 12, 2020

Penalty imposed u/s 15HA to be set aside due to inordinate delay of 5 yrs in initiating proceeding and issuing SCN

COMPANY LAW: Where there was inordinate delay of more than five years in initiating proceeding and issuing show-cause notice after investigation, penalty imposed on appellants under section 15HA on allegation of unfair trade practices was to be set aside

from www.taxmann.com Latest Case Laws https://ift.tt/2Hg9HGH
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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...