Penalty u/s 271(1)(c) - addition so made does not affect either ...

Income Tax

June 22, 2015

Penalty u/s 271(1)(c) - addition so made does not affect either reducing the loss declared in the return or converting the loss declared in the return into income. The assessee has not declared loss in the return - no penalty - AT

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Penalty u/s 271(1)(c) - addition so made does not affect either ...

Income Tax

June 22, 2015

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