TMI BlogPenalty levied u/s 271(1)(c) – the disallowance of carry forward of the long term capital loss was on...Penalty levied u/s 271(1)(c) – the disallowance of carry forward of the long term capital loss was on technical ground and not on account of any concealment of any particular of income - 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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