banner_ad

Penalty Under Section 271(1)(C) of the Income Tax Act 2016



Does the filing of revised income tax returns amount to concealment of income or furnishing inaccurate income by the assessee? In the case of Income Tax (central), Bengaluru Vs. Goa Coastal Resorts and Recreation Pvt. Ltd. the High Court of Bombay at Goa the case was decided in favor of the assessee

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)

61681 Views 3 Likes Comment   Share Income Tax   Report


About the Author

Consultant

A dynamic professional with over Two Half Decades of extensive experience in managing overall accounts and finance function encompassing Strategic Financial Planning, Project Evaluation as well as Statutory Compliance across varied industry verticals. Innate flair for entrepreneurship skills, with demonstrated bus ... Read more


CCI Pro

Comments


Related Articles


Loading


Popular Articles





CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news

CCI Articles

submit article


Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details