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Penalty. s. 271(1)(c)

Started by rajul5234, November 15, 2014, 09:12:22 AM

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Gujarat high court. Yax appeal 216 / 2004. Dt. 16/10/14. Mitsu Ltd.

Held, If no inquiry in shareholder lenders cases, concealment fails, more so when levy is on alternative charge of concealment / inaccurate particulars.

R. K. Patel