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Income Tax - Highlights / Catch Notes

Home Highlights October 2012 Year 2012 This

Penalty levied u/s 271(1)(c) – The penalty, if any, can be ...

Case Laws     Income Tax

October 13, 2012

Penalty levied u/s 271(1)(c) – The penalty, if any, can be levied in the hands of the person to whom the income actually belongs and not to the assessee in whose hands the department assessed the income on protective basis. - AT

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