Penalty u/s 271(1)(c) - Though the addition is confirmed by the ...

Case Laws Income Tax

September 15, 2018

Penalty u/s 271(1)(c) - Though the addition is confirmed by the CIT(A), but does not show that the assessee has not recorded any transaction in his books of account or any transaction recorded by him is false - Addition on account of gross profit was purely on estimation basis - No penalty

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Penalty u/s 271(1)(c) - Though the addition is confirmed by the ...

Case Laws Income Tax

September 15, 2018

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