TMI BlogPenalty u/s 271(1)(c) - bogus purchases - If the assessee has submitted all the documentary evidences to...Penalty u/s 271(1)(c) - bogus purchases - If the assessee has submitted all the documentary evidences to substantiate the purchases so made then merely making of estimated addition of 15% will not attract the penalty ..... X X X X Extracts X X X X X X X X Extracts X X X X
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