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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Levy of penalty - assessee has tried to deprive the State by ...

Income Tax

May 21, 2016

Levy of penalty - assessee has tried to deprive the State by showing taxable income as not taxable in the garb of Gift. Such an action justifies invoking of the provisions of section 271(1)(c) - AT

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