Penalty u/s 271(1)(c) - voluntary surrender of income by ...

Case Laws Income Tax

February 22, 2018

Penalty u/s 271(1)(c) - voluntary surrender of income by assessee - The mere offer therefore, of the amount during the search in the absence of any explanation for the source of income, renders the assessee’s argument insubstantial in the totality of circumstances. - HC

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Penalty u/s 271(1)(c) - voluntary surrender of income by ...

Case Laws Income Tax

February 22, 2018

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