Swiss Bank account – ITAT upheld Section 271(1)(b) penalty

Jayanti Dalmia Vs DCIT (Delhi High Court)

In this case ITAT has upheld the order of CIT with respect to non-compliance of notice issued under Section 142(1) of Income Tax Act, 1961 by the Appellant-assessee and the consequent imposition of penalty under Section 271(1)(b) of the A

Please become a Premium member. If you are already a Premium member, login here to access the full content.