Penalty u/s 271(1)(c) - No doubt, the Assessing Officer may not ...

Income Tax

March 25, 2021

Penalty u/s 271(1)(c) - No doubt, the Assessing Officer may not accept the explanation furnished by the assessee with regard to source and nature of credit, but that by itself would not be a ground to reject explanation furnished by the assesse, when the assessee genuinely explains the credits found in books of account disclosing all necessary facts. - AT

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Penalty u/s 271(1)(c) - No doubt, the Assessing Officer may not ...

Income Tax

March 25, 2021

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