Non-disclosure of bank account due to over-sight-Concealment penalty u/s 271(1)(c) upheld
May 28, 2017
Income Tax, ITAT, Judgments
Non-disclosure of bank account due to over-sight-Concealment penalty u/s 271(1)(c) upheld as no credible explanation given for omission & source of deposits – ITAT ABCAUS Case Law Citation: ABCAUS 1268 (2017) (05) ITAT Assessment Year: 2009-10 Date/Month of Judgment/Order: May, 2017 Brief facts of the case: The assessee …