TMI BlogFailure to Disclose Project Income Not Considered Concealment u/s 271(1)(c) of Income Tax Act; No Penalty Imposed.Penalty u/s 271(1)(c) - whether failure to disclose income by the Assessee when the project is complete would amount to furnishing inaccurate particulars of income thereby resulting in concealment of the income by the Assessee? - HELD NO. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|