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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Penalty u/s 271(l)(c) - undisclosed cash deposits - assessee ...

Income Tax

July 26, 2016

Penalty u/s 271(l)(c) - undisclosed cash deposits - assessee argued that as sufficient surrender has been made by the assessee suo motu, the penalty proceedings initiated against him should be quashed - contention of the assessee rejected - penalty confirmed - AT

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