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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Penalty u/s 271(1)(c) – Legal expenses disallowed – where there ...


Penalty u/s 271(1)(c) Not Imposed Without Proof of Inaccurate or False Tax Return Details.

August 4, 2014

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) – Legal expenses disallowed – where there is no finding that the particulars furnished by the assessee in its return are in-accurate or erroneous or false, there is no question of imposing penalty - AT

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