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BIKPD0256L - Penalty Order Us 271AAC (1) - by Abhi is a document available to read on EtoBox.

Ravi Kiran Dasari has been penalized Rs. 2,372,592 under section 271AAC(1) of the Income Tax Act for failing to file his income tax return for the assessment year 2020-21 despite multiple notices. The penalty is based on unexplained cash deposits and expenditures totaling over Rs. 395 million, which were brought to tax under sections 69A and 69C of the Act. The order was finalized after the assessee did not respond to several opportunities to contest the penalty.

Author

Abhi

Language

EN