Penalty u/s 271(1)(c) - wrong claim of having received a cash ...

Penalty Upheld for False Claim of Cash Gift from Relative Due to Lack of Evidence u/s 271(1)(c.

November 14, 2019

Case Laws Income Tax AT

Penalty u/s 271(1)(c) - wrong claim of having received a cash gift from relative - assessee had failed to place on record any documentary evidence which would substantiate the genuineness of the gift transaction - Levy of penalty confirmed.

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Penalty u/s 271(1)(c) - wrong claim of having received a cash ...

Penalty Upheld for False Claim of Cash Gift from Relative Due to Lack of Evidence u/s 271(1)(c.

November 14, 2019

Case Laws Income Tax AT

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