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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Penalty under Sec.271(1)(c) read with section Sec. 250 - ...


Penalty for Concealed Income u/ss 271(1)(c) & 250 Applies Post-Return, Even for Belated Filings.

September 25, 2015

Case Laws     Income Tax     AT

Penalty under Sec.271(1)(c) read with section Sec. 250 - concealment of income starts only after the return of income was filed or subsequent to filing of belated return of income when the Department detects certain income as escaped - AT

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