In an exemplary judgement, Bombay HC exposes Income Tax department’s tax terror
July 31, 2014
The Court has imposed a fine of Rs1 lakh for filing frivolous appeal asking the department to recover it from the officials involved and also take disciplinary action against them
Moneylife Digital Team
Dismissing an appeal filed by Income Tax (I-T) department, the Bombay High Court levied a penalty of Rs1 lakh on the department and directed it to recover this from the official responsible for filing such a frivolous appeal.