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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Penalty u/s 271(1)(c) - assessee who is described as an ...


No Penalty Imposed on Elderly Confectioner u/s 271(1)(c) Due to Lack of Evidence by Authorities.

January 14, 2015

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - assessee who is described as an illiterate old Halwai who admittedly offered to surrender income for tax which was retracted - revenue failed to prove its case - no penalty - AT

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