Penalty u/s 271(1)(c) - It was only when the A.O. asked the ...

Income Tax

September 18, 2013

Penalty u/s 271(1)(c) - It was only when the A.O. asked the assessee to produce all the 45 parties before him, the assessee not finding it feasible and being unable to comply, made a bonafide surrender of the total amount qua them. - No penalty - AT

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Penalty u/s 271(1)(c) - It was only when the A.O. asked the ...

Income Tax

September 18, 2013

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