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Income Tax - Highlights / Catch Notes

Home Highlights May 2019 Year 2019 This

Penalty u/s 271AAA - when the assessee has failed to specify the ...

Case Laws     Income Tax

May 23, 2019

Penalty u/s 271AAA - when the assessee has failed to specify the manner and substantiate the manner in which the undisclosed income was derived rather embark upon the mercy plea that he is making surrender to buy peace of mind and avoid litigation - not entitled for the benefit of section 271AAA(2)

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