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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Levy of penalty u/s 271(1)(c) - Claim of depreciation on leased ...

Case Laws     Income Tax

October 16, 2014

Levy of penalty u/s 271(1)(c) - Claim of depreciation on leased assets - The transactions entered into by the assessee were sham and bogus transactions which were intended to defeat the provisions of law - AT

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  11. Penalty levied u/s 271(1)(c) - disallowance of the deduction claimed by the assessee u/s 35 - AO has not brought out his case as to why penalty u/s.271(1)(c) of the Act...

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  13. MAT is paid, additions were made to regular income, penalty not levied – 115JB, 271(1)(c)

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