Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1994 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1994 (12) TMI 102 - AT - Income TaxExtract: .......s about the income and the turnover appearing in section 44AA(2)(ii) of the Act are exclusive of each other and not conjunctive, in the case in hand both of them existed. 8. The plea of the assessee thus fails on this account also. 9. However, the penalty is reduced to the minimum level of Rs. 2, 000 from Rs. 3,000. 10. The appeal Is partly allowed
|