Thursday, February 20, 2020

SLP dismissed against High Court's order setting aside penalty order by following the principle of consistency

INCOME TAX: Where High Court finding that in view of dispute relating to amount received in violation of provisions of section 269SS, impugned penalty order passed under section 271D was to be set aside and, matter was to be remanded back for disposed afresh, SLP filed against said order was to be dismissed

from www.taxmann.com Latest Case Laws https://ift.tt/3bREdVt

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...