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Income Tax - Highlights / Catch Notes

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Penalty levied u/s 271(I)(c) - Whether "Mens rea" is apparent in ...

Case Laws     Income Tax

July 29, 2020

Penalty levied u/s 271(I)(c) - Whether "Mens rea" is apparent in this case? - where the two regular appellate authorities have granted the relief to the Assessee by deleting the penalty imposed by the Assessing Authority u/s 271(1)(c), we don't think that it is a fit case for re-imposition thereof, by allowing the appeal of the Department - HC

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