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Income Tax | ITAT Mumbai Deletes Penalty on Income Tax Refund Interest Taxed Subsequently
ITAT Mumbai deletes ₹3.03 lakh penalty under Section 271(1)(c) for refund interest disclosed and taxed in the subsequent assessment year. The post ITAT Mumbai Deletes Penalty on Income Tax Refund Interest Taxed Subsequently appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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