Penalty u/s 271(1)(c) - unaccounted purchases - Even if the AO ...
Case Laws Income Tax
August 7, 2020
Penalty u/s 271(1)(c) - unaccounted purchases - Even if the AO was not certain about the charge at the time of initiation of the penalty proceedings but he has given a definite conclusive finding regarding the default or charge at the time of passing the penalty order then no default cannot be found in the penalty order. - AT
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