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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Penalty u/s 271(1)(c) - assessee filed its return under VDIS but ...


Taxpayer's Failure to Pay Under VDIS Does Not Automatically Mean Concealed Income u/s 271(1)(c.

March 4, 2019

Case Laws     Income Tax     HC

Penalty u/s 271(1)(c) - assessee filed its return under VDIS but failed to pay the tax - This itself will not lead to the conclusion that the assessee has concealed its particular of income.

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