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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Penalty u/s 271(1)(c) - An assessee making a blatantly ...

Case Laws     Income Tax

July 16, 2014

Penalty u/s 271(1)(c) - An assessee making a blatantly inadmissible claim is like a car driver who crosses the red light at the traffic signal and takes a chance of not being caught and not being penalised by the authorities implementing law. - AT

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