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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Penalty u/s 271(1)(c) - addition to deemed dividend - No ...


No Penalty u/s 271(1)(c) for Deemed Dividend: No Intent to Conceal or Furnish Inaccurate Income Details.

September 17, 2012

Case Laws     Income Tax     AT

Penalty u/s 271(1)(c) - addition to deemed dividend - No intention of either furnishing inaccurate particulars of income or concealment of any particulars of income is, therefore, manifest. - no penalty - AT

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