Penalty 271(1)(c)
This query is : Resolved
13 February 2018
Whether penalty u/s 271(1)(C) attracts in the case of income computed u/s 50C
14 February 2018
Section 50C being a deeming provision, it cannot be used for the purpose of
imposing penalty under section 271(1)(c).
imposing penalty under section 271(1)(c).
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