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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Neither actual payment nor genuineness of the charity and ...


Taxpayer's Charity Donation Error Not Penalized u/s 271(1)(c) Due to Lack of Intentional Omission.

April 22, 2014

Case Laws     Income Tax     AT

Neither actual payment nor genuineness of the charity and donation was in dispute, mere failure of assessee to add back the same while computing the total income and make a separate claim u/s 80G, is not sufficient for levy of penalty u/s 271(1)(c) - AT

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