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PENALTY U/S 271 1C FOR NON COMPLIANCE OF PRIVISION U/S 115JB

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 June 2010 AT THE TIME OF FILING OF RETURN ASSESEE DEPOSIT THE TAX AS NORMAL TAX RATE INSTEAD OF MAT, NOT CONSIDERED THE MAT CACULATION . AT THE TIME OF ASSESSEMENT PROCESSING AO FIX UP THE TAX LIABILITY U/S 115JB

NOW IT WILL BE ATTARACT FOR PENALTY U/S 271 1C
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CA Shiv

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CA Shiv (Expert)
04 June 2010 If u get notice or intimation, than file rectification u/s 254.... Problem will be solved

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