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Income Tax - Highlights / Catch Notes

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Penalty levied U/s. 271(1)(c) - false claim of exemption of LTCG ...

Income Tax

April 22, 2017

Penalty levied U/s. 271(1)(c) - false claim of exemption of LTCG u/s 10(38) - mere making of a claim, which is not sustainable in law, by itself, will not amount to furnishing inaccurate particulars regarding the income of the assessee - AT

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