Penalty u/s 271(1)(c) – assessee has bonafide belief in making ...
Taxpayer Avoids Penalty Due to Genuine Belief in Exemption on Agricultural Land Sale Gains u/s 271(1)(c.
October 13, 2014
Case Laws Income Tax AT
Penalty u/s 271(1)(c) – assessee has bonafide belief in making the claim that gain arising out of sale of agricultural land is exempt from tax - no penalty - AT
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