This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Mere making of non sustainable claim not amounts to furnishing inaccurate particulars
Case Law Details
- Case Name
- Karan Raghav Exports Pvt. Ltd. Vs Commissioner of Income Tax (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Mere making of claim, which is not sustainable in law, by itself, not amount to furnishing inaccurate particulars
Whether the ITAT was justified in confirming penalty under Section 271(1)(c) of the Income Tax Act, 1961 on the ground that assessee has furnished inaccurate particulars of income for claiming depreciation on building.
Held that there is no finding recorded by assessing officer that any details supplied by the assessee in its return were found to be incorrect or erroneous or false. A mere making of the claim, which is not sustainable in law, by itself, will not am...
