TMI BlogImposition of Penalty u/s 271(1)(c) - The explanation given by the assessee for the depreciation claim,...Imposition of Penalty u/s 271(1)(c) - The explanation given by the assessee for the depreciation claim, is neither bona-fide, nor substantiated - penalty confirmed - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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