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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Levy of penalty u/s 271AAA - allegation that, assessee had not ...

Income Tax

September 12, 2019

Levy of penalty u/s 271AAA - allegation that, assessee had not accounted for this surrendered income in his books of account on the date of search and further the assessee has failed to specify the manner in which such income has been derived and even failed to substantiate such manner, is not correct - no penalty - AT

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