Penalty u/s 271(1)(c) - taxability of income from sale of land - ...

Income Tax

June 22, 2016

Penalty u/s 271(1)(c) - taxability of income from sale of land - AO has accepted the amount offered by the assessee as his income and levied penalty without making any enquires and investigation to disprove that the explanation given by the assessee is either false or bona fide - No penalty - AT

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Penalty u/s 271(1)(c) - taxability of income from sale of land - ...

Income Tax

June 22, 2016

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