Penalties under Sections 271(1)(b), 271(1)(c), 271B, and 271F cannot survive if quantum additions are deleted.
Penalties under Sections 271(1)(b), 271(1)(c), 271B, and 271F cannot survive if quantum additions are deleted. Penalties under Sections 271(1)(b), 271(1)(c), 271B, and 271F cannot survive if quantum additions are deleted. Issue Whether penalty under Section 271(1)(b) for non-compliance with notices can be sustained when the underlying quantum additions made in reassessment proceedings have been deleted… Read More »