Levy of penalty u/s 271(1)(c) - the purchases made by the ...

Case Laws Income Tax

October 13, 2018

Levy of penalty u/s 271(1)(c) - the purchases made by the assessee to some extent are non-genuine, and therefore profit element involved in such purchases deserves to be assessed as income of the assessee - No Penalty.

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Levy of penalty u/s 271(1)(c) - the purchases made by the ...

Case Laws Income Tax

October 13, 2018

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