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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Penalty under section 271(1)(c) - There is no concrete positive ...


Taxpayer Escapes Penalty u/s 271(1)(c) Due to Lack of Concrete Evidence; Unregistered Deed Insufficient.

December 9, 2016

Case Laws     Income Tax     AT

Penalty under section 271(1)(c) - There is no concrete positive evidence against the assessee exhibiting unexplained investment, except unregistered sale deed, which does not confer any title - AT

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