Income Tax | Penalty Cannot Shift From Section 271AAC to Section 271(1)(c): ITAT Mumbai

Mumbai ITAT deletes ₹17.18 lakh penalty as assessment order initiated section 271AAC, not section 271(1)(c), making later levy jurisdictionally invalid. The post Penalty Cannot Shift From Section 271AAC to Section 271(1)(c): ITAT Mumbai appeared first on TaxGuru .