Sec 270A of the IT Act : Encouraging assessee to disclose unreported income?

Manu Gawri , Last updated: 14 November 2016  
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The Finance bill 2016 bought a new array of sections to the income tax act that are section 207A and 207AA. The law aims to provide a new procedure for charging penalty for concealment or understatement of income which intends to replace the existing array of sections that is 271(1)(c). In the

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Manu Gawri
(CA-Final )
Category Income Tax   Report

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