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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

Penalty u/s 271(1)(c) - estimation was not made on the basis of ...

Income Tax

February 28, 2017

Penalty u/s 271(1)(c) - estimation was not made on the basis of unverifiable transactions but the estimation of income was based on specific transactions carried out fraudulently and proved as bogus with supporting material evidences found in the case of assessee - levy of penalty confirmed - AT

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