ITAT slams Tax Dept for Negligence in Maintaining Records, says Assessee can’t be Penalized for such Mistakes [Read Order]

While granting section 12A registration to a Trust, the Pune bench of the Income Tax Appellate Tribunal ( ITAT ) has criticized the income tax department for its negligence in keeping records. The assessee, a trust has been getting exemption under section 80G of the Act on a regular basis as per its application for […]

The post ITAT slams Tax Dept for Negligence in Maintaining Records, says Assessee can’t be Penalized for such Mistakes [Read Order] appeared first on Taxscan | Simplifying Tax Laws.

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