TMI BlogPenalty u/s 271(1)(c) - suppression in closing stock - Even if some deduction or benefit is claimed by...Penalty u/s 271(1)(c) - suppression in closing stock - Even if some deduction or benefit is claimed by the assessee wrongly but bonafide and no malafide can be attributed, the penalty would not be levied. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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