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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

It is true that assessee has been unable to give any explanation ...

Case Laws     Income Tax

May 17, 2016

It is true that assessee has been unable to give any explanation that why earmarked slow moving items do not have any scrap value but this cannot be a basis for which penalty u/s 271(1)(c) can be imposed - AT

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