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No Penalty for Assessee u/s 271(1)(c) Due to Transparent Disclosure in Investment Sale Loss Case.

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Full Text of the Document

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....Penalty u/s 271(1)(c) -disallowance on account of loss on sale of investment - assessee has not suppressed any facts or details at any stage of proceedings either before the Assessing Officer or at the Appellate stage - no penalty....

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