Penalty under section 158BFA(2) - Assessment proceedings and ...

Case Laws Income Tax

October 14, 2013

Penalty under section 158BFA(2) - Assessment proceedings and penalty proceedings are different and independent to each other. The addition or part of the addition could be sustained on the preponderance of probabilities, but in penalty proceeding, some proof is required, to impose penalty on the assessee - AT

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Penalty under section 158BFA(2) - Assessment proceedings and ...

Case Laws Income Tax

October 14, 2013

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