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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Penalty u/s 271(1)(c) - a mere claim in the return of income as ...


Claiming Land as Agricultural Isn't Concealing Income u/s 271(1)(c) of the Income Tax Act.

January 9, 2019

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - a mere claim in the return of income as agricultural land cannot be considered to be furnishing inaccurate particulars of income or concealing any part of income.

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