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Income Tax - Highlights / Catch Notes

Home Highlights July 2017 Year 2017 This

Penalty u/s. 271AAA - disclosure as undisclosed income - When ...


Court Rules Penalty u/s 271AAA Not Imposable Without Meeting Base Conditions for Undisclosed Income.

July 28, 2017

Case Laws     Income Tax     HC

Penalty u/s. 271AAA - disclosure as undisclosed income - When the base requirement itself fails, the question of denying the benefit of no penalty would not arise. - HC

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