Sponsored
    Follow Us:

Case Law Details

Case Name : The Commissioner Of Income Tax Vs. M/s Al-Ameen Educational Trust
Related Assessment Year : 13/03/2018
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

CIT Vs. M/s Al- Ameen  Educational Trust (Kerala High Court)

Tribunal erred egregiously in deleting the penalty levied under Section 271D, on the facts disclosed and cause shown, which approach and conclusions are perverse. The assessee failed to discharge its burden in proving that there was a reasonable cause in accepting the deposits from staff members other than by way of cheque or draft. The Tribunal failed to appreciate the import of Section 271D in the correct perspective. We answer the questions of law arising from the order of the majority, against the asse

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

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
March 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31