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Income Tax - Highlights / Catch Notes

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Penalty u/s 271(1)(c) - The “concealment“ was detected only ...


High Court Upholds Penalty for Concealment u/s 271(1)(c) Due to False Statement by Assessee.

October 5, 2013

Case Laws     Income Tax     HC

Penalty u/s 271(1)(c) - The “concealment“ was detected only during the scrutiny. The assessee has given the false statement. On false estimate/statement, the penalty is justifiable - HC

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