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![S. 44B of Income Tax Act Not Applicable as NLU is Local Authority, Not Carrying out Business: ITAT Quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Income-Tax-Act-Not-Applicable-as-NLU-NLU-Business-ITAT-Quashes-Penalty-ITAT-Penalty-Taxscan.jpg "S. 44B of Income Tax Act Not Applicable as NLU is Local Authority, Not Carrying out Business: ITAT Quashes Penalty [Read Order]")
S. 44B of Income Tax Act Not Applicable as NLU is 'Local Authority', Not Carrying out Business: ITAT Quashes Penalty [Read Order]
While entertaining the appeal of the National Law University, Delhi (NLUD), the Delhi bench of Income tax Appellate Tribunal (ITAT) of quashed the...
