Penalty u/s 271(1)(c) Not Upheld for Assessee; No Concealment or Inaccuracy Found in Income Details.

Penalty u/s 271(1)(c) - AO has levied penalty u/s 271(1)(c) only invoking the Explanation 5A below section 271(1)(c) and not held the assessee liable for concealment of particular of income or furnishing of inaccurate particular of income - No penalty. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X