s.271(1)(c). reply rejected.

[rajul5234]

Guj. H C . Ambalal Sarabhai Enterprises. Tax Appeal 397 / 2000. Dt. 28/11/14.

Held, Penalty u/s 271 (1)(c) not leviable on debatable issues and rejection of reply to s/c notice cannot be equated at par with non- filing of reply.

R K Patel