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Income Tax - Highlights / Catch Notes

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Penalty u/s 271(1)(c) - disallowance of interest u/s 24(b) - ...

Income Tax

May 23, 2019

Penalty u/s 271(1)(c) - disallowance of interest u/s 24(b) - full particulars were given and nothing was hidden from the Department and the disallowance of interest was on estimated basis - not a fit case for levy of penalty

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