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Income Tax - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Penalty levied u/s 271(1)(c) - the disallowances of expenses ...

Case Laws     Income Tax

October 25, 2019

Penalty levied u/s 271(1)(c) - the disallowances of expenses have been made by the revenue merely on the reason that the assessee could not produce the relevant vouchers & bills owing to closure of the business in India - Penalty deleted.

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