Penalty u/s 271(1)(c) - bogus gifts - The assessee is no more ...
Case Laws Income Tax
October 17, 2015
Penalty u/s 271(1)(c) - bogus gifts - The assessee is no more and expired on 26.09.2006. The penalty proceedings were completed on legal heir i.e. Dr. K.C. Garg, who was in practice for more than 25 years out of India. - No penalty - AT
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