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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Penalty u/s 271(1)(c) - wrong claim of depreciation - We are ...

Income Tax

December 14, 2012

Penalty u/s 271(1)(c) - wrong claim of depreciation - We are also unable to subscribe to the view of the Tribunal that the explanation submitted by the assessee “appears to be bona fide - penalty confirmed - HC

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