Tuesday, July 7, 2020

No concealment penalty can be imposed in case where income of assessee is determined on estimate basis

INCOME TAX : When income of assessee is determined on estimate basis then no penalty under section 271(1)( c) can be imposed for concealment and furnishing inaccurate particulars of income

from www.taxmann.com Latest Case Laws https://ift.tt/2O3lv2l
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