Hi...............
1) can assessee be penalised for someday else's wrong Doing?
2) Can penalty be levied when part calim is allowed and part not allowed?
3) can penalty be levied if a particular loss is not allowed by Assessing offficer?
4) Interest Expense not claimed in return but claimed at assessement can penalty be levied?
Kindly provide write ups and case laws on above question
Regards
MSMS
more details please, in such wild card assumptions its not possible to reply on point.
tax rules are same for assessee and deparment administration, and if any benefit is available to assesee , department can not bar it, while if any tax is payable to department , assesee can not bar it.
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
