Penalty under section 271(1)(c) - The income of the assessee has ...
Assessing Officer Estimates Taxpayer's Income from Agricultural Land; No Penalty Imposed u/s 271(1)(c.
November 14, 2015
Case Laws Income Tax AT
Penalty under section 271(1)(c) - The income of the assessee has been estimated. The AO cold have estimated the generation of agriculture income to this extent, out of such huge tract of agriculture land. - no penalty - AT
View Source