Penalty u/s 271(1(c) - accommodation entry - when the assessee ...
Case Laws Income Tax
March 3, 2016
Penalty u/s 271(1(c) - accommodation entry - when the assessee has admitted this amount as income then no further investigation was required on the part of the AO to prove that this amount was received on account of accommodation entries received by the assessee. - levy of penalty confirmed - AT
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