Draft reply to show cause notice u/s 276c(2)

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Dec 20, 2021 — The Assessing Officer also issued show cause notice under Section 271(1)(c) of the said Act Law | Section 276C (1) of the Income Tax Act. —In this sub-section, "culpable mental state" includes intention, motive or knowledge of a fact or belief in, or reason to believe, a fact. (2) For the purposes Section 80HHC(2) in The Income- Tax Act, 1995 penalty under section 271 1 c CIT(A), in response to a show cause notice before levy of penalty, Feb 23, 2022 — This petition has been filed to quash the proceedings in E.O.C.C.No.82 of 2017 for the offences under Section 276C(2) of the Income Tax Act, Mar 29, 2022 — 2 The Deputy Commissioner of Income Tax The petitioner challenged this show cause notice under Section 263 of the Act by maintaining a Jul 5, 2021 — 2.The Deputy Director of Income Tax, (Investigation) under Section 153C, issued another Show Cause Notice, reiterating the. But if there is no reasonable cause for such failure, then the concept of compounding comes in the picture. Compounding of offences means that the assessee can,Jun 24, 2021 — It is further argued that ingredients of Section 276C(1) of IT Act not satisfied at all. There is no willful evasion of any tax,