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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Penalty u/s 271(1)(c) – the concessional rate of tax on Long ...

Case Laws     Income Tax

November 10, 2014

Penalty u/s 271(1)(c) – the concessional rate of tax on Long Term Capital Gain was applied on the basis of the advice of the Chartered Accountant, therefore, it was a bona fide mistake - no penalty - AT

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