Penalty u/s 271 (1)(c) - AO collected the accounts statements ...

Penalty Imposed for Income Nondisclosure u/s 271(1)(c) of Income Tax Act; Bank Statements Reveal Concealed Income.

October 12, 2016

Case Laws Income Tax HC

Penalty u/s 271 (1)(c) - AO collected the accounts statements from the banks - nondisclosure would directly attract the provisions of Section 271 (1) (c) of the Act as it deals with concealment of income from different sources by the assessee. - HC

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Penalty u/s 271 (1)(c) - AO collected the accounts statements ...

Penalty Imposed for Income Nondisclosure u/s 271(1)(c) of Income Tax Act; Bank Statements Reveal Concealed Income.

October 12, 2016

Case Laws Income Tax HC

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