Penalty levied u/s 271(1)(c) - Bogus purchases - There is no ...

Case Laws Income Tax

October 13, 2020

Penalty levied u/s 271(1)(c) - Bogus purchases - There is no active concealment of income on the part of the assessee and additions made on estimation by the AO do not called for initiation of penalty. - AT

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Penalty levied u/s 271(1)(c) - Bogus purchases - There is no ...

Case Laws Income Tax

October 13, 2020

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