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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Penalty u/s 271(1)(c) - The Statute has provided distinction ...


Penalty Section 271(1)(c): Key Distinction Between Income Concealment and Inaccurate Particulars Crucial for Assessing Officers.

January 27, 2017

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - The Statute has provided distinction between concealment of income and furnishing of inaccurate particulars of income, which may be thin line of distinction, but the same has to be kept in mind while recording satisfaction by the Assessing Officer - AT

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