https://www.taxtmi.com/highlights?id=27747 Penalty u/s 271(1(c) - accommodation entry - when the assessee has admitted this amount as income then no further investigation was required on the part of the AO to prove that this amount was received on account of accommodation entries received by the assessee. - levy of penalty confirmed - AT en-us Thu, 03 Mar 2016 19:03:39 +0530 Thu, 03 Mar 2016 19:03:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27747 Penalty u/s 271(1(c) - accommodation entry - when the assessee has admitted this amount as income then no further investigation was required on the part of the AO to prove that this amount was received on account of accommodation entries received by the assessee. - levy of penalty confirmed - AT Highlights Income Tax Thu, 03 Mar 2016 19:03:39 +0530 https://www.taxtmi.com/highlights?id=27747