Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2018 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (11) TMI 273 - HC - Income TaxLevy of penalty u/s 271(1)(c) - unexplained deposits of cash amounts in own bank accounts - Held that:- The assessee failed to furnish any explanation about the source of deposit made in the bank account and when no explanation whatsoever has been furnished by the assessee, the question of explanation being bonafide did not arise. No question of law much less any substantial question of law, arises in this appeal. The impugned order in our considered view does not suffer from any infirmity.
|