loss return

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512 Points Joined October 2018

whether in case of loss penalty u/s 271F is leviable

Replies (3)

"Do the Right Thing...!!!"

128147 Points Joined January 2015

You mean Sec 234F...?

Yes... Sec 234F is levied if loss or gain. The penalty levied based on GTI only. Not on Profit and Loss..

512 Points Joined October 2018

there is only business loss and A. Y. is 2015-16

Student

3549 Points Joined September 2016

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