Penalty u/s. 271(1)(c) - absence of due care does not mean that...
Absence of due care by assessee doesn't justify penalty under Income Tax Act Section 271(1)(c); no automatic guilt.
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Income TaxJune 24, 2013Case LawsAT
Penalty u/s. 271(1)(c) - absence of due care does not mean that the assessee is guilty of either furnishing inaccurate particulars or attempting to conceal its income - no penalty - AT