TMI BlogPenalty Upheld u/s 271(1)(c) Due to Non-Voluntary Surrender and Unexplained Income Discrepancy by Assessee.Penalty u/s 271(1)(c) - surrender was not voluntary - assessee failed to explain the difference between the assessed income and returned income - penalty confirmed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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