Penalty u/s 271(1)(c) - Unexplained expenditure u/s 69C - CIT(A) ...
Case Laws Income Tax
June 24, 2021
Penalty u/s 271(1)(c) - Unexplained expenditure u/s 69C - CIT(A) was indeed justified in deleting the penalty, as there was no concealment of income on the part of the assessee have been proved by the Revenue and additions made on estimation by the AO do not call for initiation of penalty. - AT
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