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Income Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

The penalty u/s 271(1)(c) was imposed because the assessee did ...

Income Tax

March 27, 2017

The penalty u/s 271(1)(c) was imposed because the assessee did not offer any explanation to the assessing officer in the first instance and then the penalty was sustained because his explanation furnished before the CIT (Appeals) was rejected. - Levy of penalty confirmed - HC

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