TMI BlogPenalty u/s 271(1)(c) - Though he is an individual and he is not expected to maintain accounts showing...Penalty u/s 271(1)(c) - Though he is an individual and he is not expected to maintain accounts showing the current assets and liabilities, income etc., his explanation that he was innocent and he was not aware of the legal requirement cannot be accepted.... - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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