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Income Tax - Highlights / Catch Notes

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Penalty u/s 271 (1)(c) - when the computation was made u/s ...

Income Tax

Penalty u/s 271 (1)(c) - when the computation was made u/s 115JB, the aforesaid concealment had no role to play and was totally irrelevant. Therefore, the concealment did not lead to tax evasion at all.

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