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loss return
whether in case of loss penalty u/s 271F is leviable
Replies (3)
You mean Sec 234F...?
Yes... Sec 234F is levied if loss or gain. The penalty levied based on GTI only. Not on Profit and Loss..
Yes... Sec 234F is levied if loss or gain. The penalty levied based on GTI only. Not on Profit and Loss..
there is only business loss and A. Y. is 2015-16
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