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Income Tax - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Minimum penalty being 100% of the tax sought to be evaded on ...


Non-disclosure of commission income from plot sales triggers a mandatory 100% tax penalty.

June 25, 2013

Case Laws     Income Tax     AT

Minimum penalty being 100% of the tax sought to be evaded on account of non-disclosure of commission income on account of sale of the above plots should be levied - AT

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