Section 271(1)(c) Penalty for Undisclosed Income Found During Assessment or Investigation by Assessing Officer.

Section 271(1)(c) Penalty for Undisclosed Income Found During Assessment or Investigation by Assessing Officer. https://www.taxtmi.com/highlights?id=14691 Penalty u/s 271(1)(c) on surrendered income - assessee would be liable for action under section 271(1)(c) in respect of such items only which are discovered by the AO on the scrutiny of return of income or after carrying out investigation and discovering some more items of income not found declared or mentioned in the return of income - AT en-us Mon, 23 Sep 2013 10:10:47 +0530 Mon, 23 Sep 2013 10:10:47 +0530 TaxTMI RSS Generator Section 271(1)(c) Penalty for Undisclosed Income Found During Assessment or Investigation by Assessing Officer. https://www.taxtmi.com/highlights?id=14691 Penalty u/s 271(1)(c) on surrendered income - assessee would be liable for action under section 271(1)(c) in respect of such items only which are discovered by the AO on the scrutiny of return of income or after carrying out investigation and discovering some more items of income not found declared or mentioned in the return of income - AT Highlights Income Tax Mon, 23 Sep 2013 10:10:47 +0530 https://www.taxtmi.com/highlights?id=14691