Penalty u/s 271(1)(c) deleted – the act of the assessee was ...
Assessee's Penalty Removed u/s 271(1)(c) Due to Bona Fide Actions Despite Unproven Capital Receipt Claim.
November 27, 2014
Case Laws Income Tax HC
Penalty u/s 271(1)(c) deleted – the act of the assessee was bonafide even though the assessee may have failed to substantiate its claim that the amount was capital receipt - HC
View Source