https://www.taxtmi.com/highlights?id=49659 Penalty levied u/s 271(1)(c) - difference in original return of income and revised return - Had it been the intention of the assessee to make a full and true disclosure of its income, it would have filed a revised return of income before the issuance of the notice 143(2)/ 142(1) by the AO. - Penalty confirmed. en-us Wed, 09 Oct 2019 07:34:00 +0530 Wed, 09 Oct 2019 07:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49659 Penalty levied u/s 271(1)(c) - difference in original return of income and revised return - Had it been the intention of the assessee to make a full and true disclosure of its income, it would have filed a revised return of income before the issuance of the notice 143(2)/ 142(1) by the AO. - Penalty confirmed. Highlights Income Tax Wed, 09 Oct 2019 07:34:00 +0530 https://www.taxtmi.com/highlights?id=49659