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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Penalty u/s 271(1)(c) - The absence of books of accounts of the ...

Case Laws     Income Tax

July 25, 2013

Penalty u/s 271(1)(c) - The absence of books of accounts of the firm in the partners' residence, certainly would not lead to a further inference that there were no books of accounts of the firm maintained by the assessee - no penalty - HC

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