Justice Deepak Kumar Tiwari
Bona Fide Transaction Not Aimed At Avoiding Tax Liability Would Constitute Reasonable Cause For Not...
The Chhattisgarh High Court was considering a Tax Appeal filed under Section 260A of the Income Tax Act, 1961.
No Penalty U/S. 271(1)(c) Income Tax Act For Voluntarily Disclosing Data Entry Error By Assessee:...
The Court said that the provision applies only when there is either concealment of income or furnishing of inaccurate particulars.