Penalty u/s 271)1)(c) - penalty for furnishing inaccurate ...
No penalty u/s 271(1)(c) for inaccurate income details if net profit rate is estimated.
December 31, 2018
Case Laws Income Tax AT
Penalty u/s 271)1)(c) - penalty for furnishing inaccurate particulars of income can neither be imposed nor sustained on enhancement of net profit rate based on an estimate
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