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Income Tax - Highlights / Catch Notes

Home Highlights May 2014 Year 2014 This

Penalty - Addition @ 2% as commission – Accommodation entries – ...

Income Tax

May 1, 2014

Penalty - Addition @ 2% as commission – Accommodation entries – penalty envisaged under sub-section (2) of Section 158 BFA, is entirely on different background as compared to one that can be imposed under Section 271(1)(c) - penalty confirmed - HC

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