https://www.taxtmi.com/highlights?id=66625 Penalty u/s 271(1)(c) - failure to re-invest the capital gains for the purpose of claiming Section 54 deduction - DR could hardly rebut the clinching settled legal preposition that quantum and penalty are parallel proceedings wherein each and every disallowance/addition made in course of the former does not ipso facto attract to penal mechanism - AT en-us Fri, 18 Nov 2022 10:35:00 +0530 Fri, 18 Nov 2022 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66625 Penalty u/s 271(1)(c) - failure to re-invest the capital gains for the purpose of claiming Section 54 deduction - DR could hardly rebut the clinching settled legal preposition that quantum and penalty are parallel proceedings wherein each and every disallowance/addition made in course of the former does not ipso facto attract to penal mechanism - AT Highlights Income Tax Fri, 18 Nov 2022 10:35:00 +0530 https://www.taxtmi.com/highlights?id=66625