https://www.taxtmi.com/highlights?id=13578 Penalty u/s 271(1)(c) - The absence of books of accounts of the firm in the partners' residence, certainly would not lead to a further inference that there were no books of accounts of the firm maintained by the assessee - no penalty - HC en-us Thu, 25 Jul 2013 09:28:53 +0530 Thu, 25 Jul 2013 09:28:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=13578 Penalty u/s 271(1)(c) - The absence of books of accounts of the firm in the partners' residence, certainly would not lead to a further inference that there were no books of accounts of the firm maintained by the assessee - no penalty - HC Highlights Income Tax Thu, 25 Jul 2013 09:28:53 +0530 https://www.taxtmi.com/highlights?id=13578