Penalty u/s 271(1)(c) on addition made u/s 68 - the assessee has ...
Penalty u/s 271(1)(c) Contested; Explanation Deemed Sufficient, No Merit in Imposing Penalty for Section 68 Addition.
July 7, 2016
Case Laws Income Tax AT
Penalty u/s 271(1)(c) on addition made u/s 68 - the assessee has given sufficient explanation though not found satisfactory by AO - No merit in levying penalty.
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