Court Upholds Penalty for Unreported Donations; Assessee Lacks Explanation for Omission in Tax Returns u/s 271(1)(c).

Penalty under section 271(1)(c) - unaccounted donations - there was no explanation at the end of assessee for not showing these donations as its income in the original return(s) or in the return(s) filed in response to notice under section 153C. - penalty confirmed - AT .....

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