Penalty Confirmed u/s 272A(1)(c) for Non-Compliance with Section 131(1); Assessee's Conduct Not Bona Fide.

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....Penalty u/section 272A(1)(c) - non-compliance to provisions of section 131(1) - failure to submit information - The conduct of the assessee in the instant case is not at all bona-fide - levy of penalty confirmed.....