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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Penalty u/s 271(1)(c) - The fact that the assessee had filed ...


Penalty Confirmed u/s 271(1)(c) Despite Acceptance of Revised Returns Due to Initial Non-Disclosure of Income.

July 4, 2013

Case Laws     Income Tax     HC

Penalty u/s 271(1)(c) - The fact that the assessee had filed revised returns and the same was accepted, by itself does not efface the fact of non-disclosure of the income - penalty confirmed - HC

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