Penalty u/s 271(1)(c) - bogus purchases - No clinching material ...

Income Tax

October 8, 2020

Penalty u/s 271(1)(c) - bogus purchases - No clinching material had been brought on record by the revenue which could disprove the authenticity of the purchases claimed by the assessee to have been made from the aforementioned parties, no penalty u/s 271(1)(c) could have thus validly been imposed upon him - AT

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Penalty u/s 271(1)(c) - bogus purchases - No clinching material ...

Income Tax

October 8, 2020

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