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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Penalty u/s 271(1)(c) - assessee withdrew its claim of deduction ...

Income Tax

June 27, 2015

Penalty u/s 271(1)(c) - assessee withdrew its claim of deduction us/ 80IB of the Act before initiation of assessment proceedings - we disagree with the conclusion of the AO that the assessee had furnished either inaccurate particulars of income or submitted wrong statement of its income - AT

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