https://www.taxtmi.com/highlights?id=29878 Penalty u/s 271(1)(c) - taxability of income from sale of land - AO has accepted the amount offered by the assessee as his income and levied penalty without making any enquires and investigation to disprove that the explanation given by the assessee is either false or bona fide - No penalty - AT en-us Wed, 22 Jun 2016 09:08:04 +0530 Wed, 22 Jun 2016 09:08:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=29878 Penalty u/s 271(1)(c) - taxability of income from sale of land - AO has accepted the amount offered by the assessee as his income and levied penalty without making any enquires and investigation to disprove that the explanation given by the assessee is either false or bona fide - No penalty - AT Highlights Income Tax Wed, 22 Jun 2016 09:08:04 +0530 https://www.taxtmi.com/highlights?id=29878