|
The Tax Publishers2019 TaxPub(DT) 1801 (SC) : (2019) 262 TAXMAN 0023 INCOME TAX ACT, 1961
Section 261 Section 271(1)(c)
Where the assessee preferred SLP to appeal against the judgment of Bombay High Court in Jivanlal & Sons v. Asstt. CIT [Income Tax Appeal No. 238 of 2016, dt. 23-8-2018] : 2019 TaxPub(DT) 1913 (Bom-HC), whereby the High Court upheld the order of the Tribunal affirming the penalty levied on the assessee under section 271(1)(c) for claiming inadmissible expenditure under section 40(a)(ii), the Supreme Court dismissed the SLP.
|
Appeal (Supreme Court) - Special leave petition - Penalty under section 271(1)(c) - Furnishing inaccurate particulars of income
Assessee preferred SLP to appeal against the judgment of Bombay High Court in Jivanlal & Sons v. Asstt. CIT [Income Tax Appeal No. 238 of 2016, dt. 23-8-2018] : 2019 TaxPub(DT) 1913 (Bom-HC), whereby the High Court upheld the order of the Tribunal affirming the penalty levied on the assessee under section 271(1)(c) for claiming inadmissible expenditure under section 40(a)(ii). Held: The Supreme Court dismissed the SLP.
Affirmed:Jivanlal & Sons v. Asstt. CIT [Income Tax Appeal No. 238 of 2016, dt. 23-8-2018] : 2019 TaxPub(DT) 1913 (Bom-HC).
REFERRED :
FAVOUR : SLP dismissed.
A.Y. :
IN THE SUPREME COURT OF INDIA
SUBSCRIBE FOR FULL CONTENT |