Non Furnishing of Full Details of Income required by Assessing Officer Leads to Penalty: ITAT [Read Order]

In a recent case, the Income Tax Appellate Tribunal (ITAT), Ahmedabad held that if the assessee failed to furnish full details of income required by Assessing Officer, by virtue of Section 271(1)(c) of the Income Tax Act, the penalty will be imposed upon the assessee. Brief facts are the case of the assessee was selected […]

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