Penalty u/s 271(1)(c) - bogus purchase found during search - as ...

Penalty Imposed for Bogus Purchases u/s 271(1)(c); Assessee Found With Undisclosed Income Via False Entries.

December 18, 2017

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - bogus purchase found during search - as per a specific provision of explanation 5A assessee has been found to be owner of undisclosed income by furnishing inaccurate particulars of income, based upon entry of bogus purchases in its books of account - penalty confirmed - AT

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Penalty u/s 271(1)(c) - bogus purchase found during search - as ...

Penalty Imposed for Bogus Purchases u/s 271(1)(c); Assessee Found With Undisclosed Income Via False Entries.

December 18, 2017

Case Laws Income Tax AT

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