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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Levy of penalty u/s.271(1)(c) - disallowance of depreciation as ...

Income Tax

July 3, 2015

Levy of penalty u/s.271(1)(c) - disallowance of depreciation as assets were not put to use for the purpose of running business activity in the years under consideration - it is not a fit case for levy of penalty u/s.271(1)(c) - AT

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