Penalty u/s 271(1)(c) - voluntary surrender on account of long ...

Case Laws Income Tax

September 23, 2019

Penalty u/s 271(1)(c) - voluntary surrender on account of long term capital gain on sale of shares during assessment proceedings - the surrender made by the assessee is voluntary, for which only addition can be made and penalty u/s 271(1)(c) cannot be initiated.

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Penalty u/s 271(1)(c) - voluntary surrender on account of long ...

Case Laws Income Tax

September 23, 2019

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