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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Penalty u/s. 271(1)(c) - unexplained cash deposited in bank - ...

Income Tax

February 25, 2017

Penalty u/s. 271(1)(c) - unexplained cash deposited in bank - revised return of income filled - penalty levied u/s 271(1)(c) cannot be sustained as the assessee had came forward with an explanation which is a reasonable and bonafide explanation - AT

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