Wednesday, March 25, 2015

[aaykarbhavan] ITAT couldn’t arbitrarily curtail penalty for assessee-in-default without any tangible reasons



ITAT couldn't arbitrarily curtail penalty for assessee-in-default without any tangible reasons

March 25, 2015[2015] 55 taxmann.com 280 (Punjab & Haryana)
IT : Where Tribunal arbitrarily reduced quantum of penalty for not depositing taxes before filing return without assigning any tangible reason, matter was to be remanded to reconsider same
 
Regards
Prarthana Jalan


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


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