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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Addition made u/s 69C was due to the reason that the assessee ...

Income Tax

March 22, 2018

Addition made u/s 69C was due to the reason that the assessee failed to explain the source of said expenses. Accordingly, we concur with the view of ld. CIT (A) to restrict the penalty to 100% of the tax to be evaded of such income - AT

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