S. 271(1)(c) : Penalty – Concealment – Search and seizure- Return filed after search action- Income returned was accepted -In the absence of addition no penalty can be levied . [ S. 132 , 153C, 271C ]
PCIT v. Rajkumar Gulab Badgujar ( 2019) 111 taxmann.com 256 / 267 Taxman 489 (Bom) (HC) Editorial: SLP of revenue is dismissed PCIT v. Rajkumar Gulab Badgujar ( 2019) 267 Taxman 488 (SC)