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Case Law Details

Case Name : Raj Rani Mittal Vs. ITO (ITAT Delhi)
Related Assessment Year : 2004- 05
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RELEVANT PARAGRAPH

As per the provisions of section 271(1)(c) the penalty under this section is leviable if the Assessing Officer is satisfied in the course of any proceeding under this Act that any person has concealed the particulars of his income or furnished inaccurate particulars of such income. The penalty proceedings and the assessment proceedings both are different. Explanation 1 to section 271(1)(c) in respect of any fact relating to the computation of

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0 Comments

  1. R.N. Gupta says:

    can, I surrendered other income to the limit of Rs. 2,00000/- while calculating the total income . Is there is any quarries may arise from Income tax department while filing the return. Is there any limit under surrendered miscellaneous income.

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