Income Tax department levies Rs 564 crore penalty on Bank of India
The Income Tax department has levied a penalty of Rs 564.44 crore on Bank of India, the public sector lender said on Thursday.
Tag: Sec. 270A of Income Tax
Income Tax Evasion In India: What You Need To Know To Avoid Penalties
Under the Income Tax Act, penalties are levied for various defaults committed by a taxpayer. Apart from penalty on defaults…