https://www.taxtmi.com/highlights?id=54791 Penalty u/s 271A - When the turnover has to be computed only by taking the positive and negative outcome of the transactions and not the entire volume of the transactions, the turnover of the assessee is wrongly considered by the AO while levying the penalty u/s 271A. - AT en-us Wed, 16 Sep 2020 13:50:31 +0530 Wed, 16 Sep 2020 13:50:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54791 Penalty u/s 271A - When the turnover has to be computed only by taking the positive and negative outcome of the transactions and not the entire volume of the transactions, the turnover of the assessee is wrongly considered by the AO while levying the penalty u/s 271A. - AT Highlights Income Tax Wed, 16 Sep 2020 13:50:31 +0530 https://www.taxtmi.com/highlights?id=54791