No Penalty Imposed on Legal Heir for Bogus Gift Charges u/s 271(1)(c) After Deceased Assessee's Death.

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....Penalty u/s 271(1)(c) - bogus gifts - The assessee is no more and expired on 26.09.2006. The penalty proceedings were completed on legal heir i.e. Dr. K.C. Garg, who was in practice for more than 25 years out of India. - No penalty - AT....