2/21/2020 · Penalty proceedings u/s 271(1) (c) not sustainable if reason not specified: ITAT [Read Order] April 09, 2021 No Notice for Payment of Service Tax / GST to be issued to Lawyers: Orissa HC directs GST Commissioner to issue clear instructions [Read Order], Penalty levied u s . 271 ( 1 )( c ) disallowance to an extent of 12.5% of the non genuine purchases HELD THAT It is a settled position of law that penalty cannot be levied when an adhoc estimation is, Under these circumstances, AO levied penalty u/s 271(1)(c) of the act vide order dated 29.3.2010 amounting to Rs. 1,22,78 ,09 4/- i.e. 100% of the tax on the income of Rs. 3,72,06,347/-.
deductor/collector files an incorrect TDS/TCS return. In other words, minimum penalty of Rs. 10,000 and maximum penalty of upto Rs. 1,00,000 can be levied if the deductor/collector files an incorrect TDS/TCS return. No penalty will be levied under section 271H for the failure to file the TDS/TCS return,, As such the explanation one to section 271(1)(c) comes into play and the assessee is liable to penalty, thus the penalty of Rs. 6,40,046/- imposed on the assesee u/s 271(1)(c) is hereby upheld. On the contrary, Ld. Counsel of the assessee submitted that keeping in view of the arguments made in ITA No. 5939/Mum/2008 as aforesaid, the penalty imposed and confirmed by the Ld. CIT(A) may be quashed.
the expense of these control activities performed on land owned by a county, city, village, borough, or town is a charge upon the county, city, village, borough, or town owning the land and shall be paid by the governing body from money which, the expense of these control activities performed on land owned by a county, city, village, borough, or town is a charge upon the county, city, village, borough, or town owning the land and shall be paid by the governing body from money which, Anonymous donations under section 115BBC will not entail levy of interest under section 234B and penalty under section 271 ( 1 )( c )-359 ITR ( Journ.)p.76 (Part 3) Disallowance under section 14A, in the light of landmark judgement of Punjab and Haryana High Court, in the case of Deepak Mittal – 361 ITR (Jour).p. 1 (Part 1 ), 10/26/2020 · The New York City’ s general corporation tax and bank tax apply to only federal S corporations, which were not reformed in 2015. The city’ s business corporation tax is the new regime which emerged from the 2015 New York tax reform of the city’ s general corporation tax and bank tax, applicable to only federal C corporations.
Chapter 23: United States Holocaust Memorial Museum §. 2301. Establishment of the United States Holocaust Memorial Museum functions §. 2302. Functions of the Council membership §. 2303. Compensation travel expenses full-time officers or employees of United States or Members of Congress §. 2304. Administrative provisions §. 2305. Staff §. 2306.
