TMI BlogAssessee Avoids Penalty: Voluntary Disclosure u/s 271(1)(c) of Income Tax Act Accepted by Department.Penalty u/s 271(1)(c) - it was admitted by the Department that the information came from the assessee without any suggestion or detection from the Department - no penalty - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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