<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Taxpayer Penalized for Concealing Property Purchase While Claiming Section 54F Deduction; Penalty u/s 271(1)(c) Applied.</title>
    <link>https://www.taxtmi.com/highlights?id=25260</link>
    <description>Penalty U/s 271(1)(c) - The assessee was availing expert opinion on taxation matter as he was filing return since long and had number of businesses - claimed deduction U/s 54F by not disclosing the facts of the another house purchased in the return, proved that the assessee’s action was not bonafide - AT</description>
    <language>en-us</language>
    <pubDate>Mon, 12 Oct 2015 11:37:31 +0530</pubDate>
    <lastBuildDate>Mon, 12 Oct 2015 11:37:31 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=401021" rel="self" type="application/rss+xml"/>
    <item>
      <title>Taxpayer Penalized for Concealing Property Purchase While Claiming Section 54F Deduction; Penalty u/s 271(1)(c) Applied.</title>
      <link>https://www.taxtmi.com/highlights?id=25260</link>
      <description>Penalty U/s 271(1)(c) - The assessee was availing expert opinion on taxation matter as he was filing return since long and had number of businesses - claimed deduction U/s 54F by not disclosing the facts of the another house purchased in the return, proved that the assessee’s action was not bonafide - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Mon, 12 Oct 2015 11:37:31 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=25260</guid>
    </item>
  </channel>
</rss>