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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Penalty u/s 271(1)(c) – In the garb of the bona fide claim an ...


Taxpayers Can't Avoid Penalties u/s 271(1)(c) by Claiming Bona Fide Belief; Must Substantiate Claims Themselves.

July 16, 2014

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) – In the garb of the bona fide claim an assessee cannot escape levy of penalty - Onus was not on the AO to prove the negative - AT

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