Penalty - excessive claim of wastage - The additions made, to...
Court Rules Excessive Wastage Claim Inaccurate, Invokes Penalty u/s 271(1)(c) for Concealing Income Details.
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Income TaxFebruary 13, 2019Case LawsHC
Penalty - excessive claim of wastage - The additions made, to the extent confirmed by this Court, definitely leads to a finding of inaccurate particulars having been furnished which would enable invocation of Section 271(1)(c).