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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

The entire addition was based on the conditional surrender made ...

Case Laws     Income Tax

September 8, 2016

The entire addition was based on the conditional surrender made by the assessee. The AO did not honour the condition of not levying penalty and went ahead and issued notice for levying penalty u/s 271(1)(c) - No penalty - AT

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