Penalty u/s 271(1)(c) – Claim of exemption u/s 10B - it would ...
Case Laws Income Tax
May 22, 2014
Penalty u/s 271(1)(c) – Claim of exemption u/s 10B - it would not be open to the assessee to claim that transactions, which are not exports in a strict sense of the term and in which the assessee does not receive foreign exchange remittance, be treated as such - penalty was justified - HC
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