https://www.taxtmi.com/highlights?id=15075 Penalty u/s 271(1)(c) - property dealer - addition on account of cash retained - The facts of the case may justify the addition in the quantum case, but the parameters to sustain the penalty imposed under section 271(1)(c) are different, and the assessee is entitled to benefit of doubt - no penalty - AT en-us Mon, 14 Oct 2013 11:59:40 +0530 Mon, 14 Oct 2013 11:59:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=15075 Penalty u/s 271(1)(c) - property dealer - addition on account of cash retained - The facts of the case may justify the addition in the quantum case, but the parameters to sustain the penalty imposed under section 271(1)(c) are different, and the assessee is entitled to benefit of doubt - no penalty - AT Highlights Income Tax Mon, 14 Oct 2013 11:59:40 +0530 https://www.taxtmi.com/highlights?id=15075