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Assessee's Penalty for Undisclosed Investment Confirmed; Blame on Chartered Accountant Rejected Without Name Disclosure.
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....Penalty u/s.271(1)(c) - undisclosed investment - The assessee cannot shift his responsibility to its Chartered Accountant. Further the assessee stated it was ill advised by the Chartered Accountant without mentioning the name of the Chartered Accountant - levy of penalty confirmed - AT....