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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Penalty u/s 271(1)(c) - assessee was very well aware that it was ...

Income Tax

September 27, 2019

Penalty u/s 271(1)(c) - assessee was very well aware that it was deliberately showing capital account transaction loss as loss on revenue account. Hence by no stretch of imagination it can be said that there was any inadvertent error. - AT

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