[aaykarbhavan] Demand notice wasn't required to levy penalty if self-assessment tax wasn't paid within stipulated time

Demand notice wasn't required to levy penalty if self-assessment tax wasn't paid within stipulated time

August 22, 2014[2014] 47 taxmann.com 422 (Cochin - Trib.)

IT: Where assessee had not shown sufficient cause for non-payment of tax within stipulated time, penalty levied by Assessing Officer under section 221 read with section 140A(3) was to be confirmed; there was no requirement of issue of notice of demand under section 156

 

Regards

Prarthana Jalan

__._,_.___

---

Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

---

receive alert on mobile, subscribe to SMS Channel named "aaykarbhavan"
[COST FREE]
SEND "on aaykarbhavan" TO 9870807070 FROM YOUR MOBILE.

To receive the mails from this group send message to aaykarbhavan-subscribe@yahoogroups.com

Visit Your Group

• New Members 1

• Privacy • Unsubscribe • Terms of Use