Easy Office

Concealment penalty u/s 271(1)(c) time limit

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 September 2012 Hello,

What is the time limit for leving penalty of concealment u/s 271(1)(c)? Can concealment penalty be levied now for income concealed in the year 1996?
Profile Image

CA Sumat Singhal

Profile Image

CA Sumat Singhal (Expert)
15 September 2012 Penalty under said section can be levied only when assessement is in force so if assesssement is completed then No such penalt can be levied

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links