Assessee Penalized u/s 271(1)(c) for Providing Fake Entry Services, Income Addition Confirmed.

Penalty under section 271(1)(c ) - where the complete chain of transactions had been established by the investigating authority and it has been established that the assessee was a professional entry provider and addition having been made in the hands of the assessee thus, attract the levy of penalty under section 271(1)(c) of the Act. - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X