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HC upheld concealment penalty on failure of assessee to provide details of donees showing receipts of bogus gift

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  • HC upheld concealment penalty on failure of assessee to provide details of donees showing receipts of bogus gift
Posted onon March 13, 2015

Tenet Tax Daily March 13 2015

By tenettax-team
Corporate Tax

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Tax dues of partnership firm can’t be adjusted against refund to partner in his personal capacity
CIT(A) can enhance tax liability in an appeal preferred by assessee after issuing show cause notice to assessee

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