Penalty u/s 271AAA or 271(1)(c) - The penalties u/s 271(1)(c) ...
Case Laws Income Tax
March 6, 2020
Penalty u/s 271AAA or 271(1)(c) - The penalties u/s 271(1)(c) and 271AAA are attracted in different situations and both are mutually exclusive. Having initiated the penalty u/s 271(1)(c), levy of penalty u/s 271AAA is not permissible. - AT
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