Case Law Details
Case Name : SLV Housing Development Corporation Vs ACIT (ITAT Bangalore)
Related Assessment Year : 2014-15
Courts :
All ITAT ITAT Bangalore
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
SLV Housing Development Corporation Vs ACIT (ITAT Bangalore)
Under Section 271(1)(c), two faults or omissions exposes the assessee to concealment penalty i.e. concealment of particulars of income and furnishing inaccurate particulars of such income. The assessee has admitted before the AO that the new auditor appointed, had pointed out certain mistakes in the expenses claimed by the assessee and submitted the revised computation correcting the wrong claim work-in-progress as expenditure. This fact is being confirmed by the AO in the assessment order. The assessee has filed a complaint before t...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
This is judgement is very important and also have practical value.
The judgments on in the TAXGURU portal are always of practical value .
Regards,
Jagadish Ambardekar