Penalty Proceedings
No Penalty Can Be Imposed U/S.271B of Income Tax Act If 'Reasonable Cause' Exists for Failure:...
The Kerala High Court set aside the direction of imposing a penalty on the assessees- Co-operative Societies after noting that there was a...
Expression ‘Action For Imposition Of Penalty Is Initiated’ U/S. 275(1)(c) of Income Tax Act Refers...
The Delhi High Court observed that the period of limitation within which the proceedings under Section 271C of the Income Tax Act are to be completed...