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Income Tax - Highlights / Catch Notes

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Penalty U/s 271(1)(c) - legal fiction created U/s 40(a)(ia) ...

Income Tax

Penalty U/s 271(1)(c) - legal fiction created U/s 40(a)(ia) cannot be extended for levy of penalty U/s 271(1)(c) of the Act as the deeming provision inserted for specific purposes - AT

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