Penalty u/s. 271(1)(c) - unexplained cash deposited in bank - ...

Penalty u/s 271(1)(c) for Unexplained Cash Deposits Overturned Due to Taxpayer's Reasonable Explanation.

February 25, 2017

Case Laws Income Tax AT

Penalty u/s. 271(1)(c) - unexplained cash deposited in bank - revised return of income filled - penalty levied u/s 271(1)(c) cannot be sustained as the assessee had came forward with an explanation which is a reasonable and bonafide explanation - AT

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Penalty u/s. 271(1)(c) - unexplained cash deposited in bank - ...

Penalty u/s 271(1)(c) for Unexplained Cash Deposits Overturned Due to Taxpayer's Reasonable Explanation.

February 25, 2017

Case Laws Income Tax AT

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