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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Levy of penalty u/s. 271(1)(c) - As the contention of the ...

Case Laws     Income Tax

January 10, 2016

Levy of penalty u/s. 271(1)(c) - As the contention of the assessee is far from bona fide and there was a clear-cut strategy to not only evade taxes, but also to file inaccurate particulars of income even after search operation. - Penalty confirmed - AT

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