Section 271(1)(c) Penalty Upheld for Deliberate Tax Evasion and Filing Inaccurate Income Details Post-Search Operation.

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....Levy of penalty u/s. 271(1)(c) - As the contention 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. - Penalty confirmed - AT....