Home / 
High Court Rules No Penalty for Concealing Income u/s 271(1)(c) Due to Bona Fide Belief on Capital Loss Claim.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Penalty for concealment of income u/s 271(1)(c) of the Income Tax Act - Claim of capital loss as bad debt - bonafide belief - no penalty - HC....


TaxTMI
TaxTMI