Taxpayer Escapes Penalty u/s 271(1)(c) Due to Lack of Concrete Evidence; Unregistered Deed Insufficient.

Taxpayer Escapes Penalty u/s 271(1)(c) Due to Lack of Concrete Evidence; Unregistered Deed Insufficient. https://www.taxtmi.com/highlights?id=32410 Penalty under section 271(1)(c) - There is no concrete positive evidence against the assessee exhibiting unexplained investment, except unregistered sale deed, which does not confer any title - AT en-us Fri, 09 Dec 2016 16:19:51 +0530 Fri, 09 Dec 2016 16:19:51 +0530 TaxTMI RSS Generator Taxpayer Escapes Penalty u/s 271(1)(c) Due to Lack of Concrete Evidence; Unregistered Deed Insufficient. https://www.taxtmi.com/highlights?id=32410 Penalty under section 271(1)(c) - There is no concrete positive evidence against the assessee exhibiting unexplained investment, except unregistered sale deed, which does not confer any title - AT Highlights Income Tax Fri, 09 Dec 2016 16:19:51 +0530 https://www.taxtmi.com/highlights?id=32410