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Income Tax - Highlights / Catch Notes

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Penalty u/s.271(1)(c) - bonafide mistake - failure to ...

Income Tax

August 2, 2018

Penalty u/s.271(1)(c) - bonafide mistake - failure to voluntarily add back provision of gratuity in the computation of income - the fault of Chartered Accountant cannot be visited on the assessee - No penalty.

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