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Penalty Imposed for Deliberate Tax Evasion and Filing Inaccurate Income Details u/s 271(1)(c.

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Full Text of the Document

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....Levy of penalty u/s 271(1)(c) - the conduct of the assessee is far from bona fide and there was a clear-cut strategy to not only evade taxes, but also to file inaccurate particulars of income even after search operation - AT....