Warehousing permission requires deposit at the designated bonded warehouse; unauthorised diversion triggers confiscation, redemption fine and importer...
Penalty u/s 271(1)(c) – The assessee has not carried out any business activity during the year under consideration and on the contrary claiming huge expenditure showing loss in its books of accounts - levy of penalty confirmed - AT
Penalty u/s 271(1)(c) – The assessee has not carried out any business activity during the year under consideration and on the contrary claiming huge expenditure showing loss in its books of accounts - levy of penalty confirmed - AT
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4801
Join Channel
TaxTMI 
