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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Penalty levied u/s 271(1)(c) - difference in original return of ...

Case Laws     Income Tax

October 9, 2019

Penalty levied u/s 271(1)(c) - difference in original return of income and revised return - Had it been the intention of the assessee to make a full and true disclosure of its income, it would have filed a revised return of income before the issuance of the notice 143(2)/ 142(1) by the AO. - Penalty confirmed.

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