Friday, April 12, 2019

No SLP against HC's order deleting penalty as excess stock reported was due to wrong entries in books of account

IT: Where High Court upheld Tribunal's order deleting penalty under section 271(1)(c) by taking a view that alleged excess stock was not as a result of purchases made outside books of account, but was only on account of wrong entries in books of account, SLP filed against decision of High Court was to be dismissed

from www.taxmann.com Latest Case Laws http://bit.ly/2UPHvmh

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