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

Dilip K Raina , Last updated: 15 March 2021 Share Follow on Google News

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

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About the Author

Dilip K Raina

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

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

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