22 February 2011
sir we have apealed aginst the order of penalty levied u/s 271(1)(c) to CIT(A) & now CIT(A) has canceled the penlty levied on us,& decision is in our fevour. I want to Ask how can i claim refund of penalty which has alredy been paid against the demand reaised for the penalty? Whether penalty refund can be claimed u/s 240 where in which only refund of excess tax amount is specified? Can penlty be consider as tax to claim u/s 240
Guest
Guest
(Expert)
22 February 2011
Simply make the application before for appeal effect alongwith copy of appeal order.
CAclubindia
