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Income Tax - Highlights / Catch Notes

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Penalty u/s 271(1) (c) - additions/ disallowances made under ...


Penalty u/s 271(1)(c) Not Applicable When Tax Liability Determined u/s 115JB of Income Tax Act.

April 29, 2019

Case Laws     Income Tax     AT

Penalty u/s 271(1) (c) - additions/ disallowances made under normal provisions of the Act, if ultimately the tax liability is determined u/s 115JB - No penalty

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