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Income Tax - Highlights / Catch Notes

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Penalty u/s 271(1)(c) - Concealment of income would have no ...

Income Tax

October 28, 2013

Penalty u/s 271(1)(c) - Concealment of income would have no role to play and would not lead to tax evasion therefore, penalty cannot be imposed on the basis of the disallowance or additions made under regular provision - AT

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