Penalty u/s 271(1)(c) - The assessee has not failed to offer any ...
No Penalty for Assessee u/s 271(1)(c) Due to Bona Fide Explanation and Genuine Book Entries.
August 3, 2013
Case Laws Income Tax AT
Penalty u/s 271(1)(c) - The assessee has not failed to offer any explanation and the explanation of the assessee was not found to be false & has made bona-fide explanation based upon the entries in books of account maintained of the earlier years. - No penalty - AT
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