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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Penalty under section 271(1)(c) - disallowance of depreciation - ...

Case Laws     Income Tax

February 20, 2015

Penalty under section 271(1)(c) - disallowance of depreciation - he explanation given by the assessee for the claim of depreciation is neither bona fide nor substantiated - levy of penalty sustained - HC

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