Is penalty on interest income justifiable when such income has not been offered to tax?


Last updated: 05 September 2021

Court :
ITAT Hyderabad

Brief :
This is assessee�s appeal for the A.Y 2015-16 against the order of the CIT (A)-3, Hyderabad, dated 7.2.2019 confirming the penalty order passed by the Assessing Officer u/s 271(1)(c) of the Act.

Citation :
ITA No.931/Hyd/2019

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