TMI BlogPenalty levied u/s.271(1)(c) - The tax paid on such undisclosed income has gone waste as no benefit out...Penalty levied u/s.271(1)(c) - The tax paid on such undisclosed income has gone waste as no benefit out of such income has been availed by the assessee. - this is not a fit case for levy of penalty u/s.271(1)(c) - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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