No penalty can be levied merely on the basis of provisional assessment

0 comments Friday, October 3, 2014
Rajasthan High Court in a very important case namely ACTO vs Jain Hardware Stores has held that no penalty can be levied in the provisional assessment as for leving penalty definite findings and conclusions and many things have to be proved, therefore penalty cannot be levied merely on the basis of provisional assessment.
Read On
Subscribe to: Posts ( Atom )