Penalty levied u/s 271(1)(c) - Rejection of books of accounts - ...

Penalty for Concealment Not Justified u/s 271(1)(c) When Income Estimated by Net Profit Rate.

September 2, 2019

Case Laws Income Tax AT

Penalty levied u/s 271(1)(c) - Rejection of books of accounts - where the income has been estimated in the hands of the assessee by applying net profit rate, there is no merit in the levy of the aforesaid penalty for concealment.

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Penalty levied u/s 271(1)(c) - Rejection of books of accounts - ...

Penalty for Concealment Not Justified u/s 271(1)(c) When Income Estimated by Net Profit Rate.

September 2, 2019

Case Laws Income Tax AT

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