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1 - 10 of 26 (0.42 seconds)Section 274 in The Income Tax Act, 1961 [Entire Act]
Section 147 in The Income Tax Act, 1961 [Entire Act]
Section 271 in The Income Tax Act, 1961 [Entire Act]
Section 44AA in The Income Tax Act, 1961 [Entire Act]
Section 68 in The Income Tax Act, 1961 [Entire Act]
Section 271A in The Income Tax Act, 1961 [Entire Act]
Section 44AB in The Income Tax Act, 1961 [Entire Act]
Section 275 in The Income Tax Act, 1961 [Entire Act]
Surajmal Parsuram Todi vs Commissioner Of Income-Tax on 6 August, 1996
In Surajmal Parsuram
Todi vs. Commissioner of Income-tax [1996] 222 ITR 691 (Gauhati),
it has been held that when a person commits an offence by not
maintaining books of account as contemplated by section 44AA, the
offence is complete and after that, there can be no possibility of any
offence as contemplated by section 44AB and therefore, in the instant
case, imposition of penalty under section 271B was erroneous on account
of violation of section 44AA by assessee, as penalty was prescribed under
section 271A.