Penalty u/s 271(1)(c) - Penalty levied @ 300% - From the ...
Case Laws Income Tax
October 17, 2013
Penalty u/s 271(1)(c) - Penalty levied @ 300% - From the provisions of Section 271AAA it is clear that in the case where action U/s 132 is initiated on or after 01/06/2007, penalty cannot be levied U/s 271(1)c) of the Act. - AT
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