Penalty u/s 271(a)(c) - The explanation filed by the assessee ...
Assessee penalized u/s 271(a)(c) for failing to disclose interest income; explanation deemed not bona fide.
January 11, 2017
Case Laws Income Tax AT
Penalty u/s 271(a)(c) - The explanation filed by the assessee about not disclosing interest income in the return of income was not bona fide - levy of penalty confirmed - AT
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