Issue of imposition of penalty u/s 270A

CA. Akhil Mittal , Last updated: 21 November 2016  
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The demonetization of Indian High-Value Currency Notes is creating havoc and sheer chaos in the Indian Markets. Amidst such a scenario, rumours are spreading on imposition of 200% penalty by the Income Tax Department on the cash deposited in banks by the assessees. It has been rumoured and spread

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Published by

CA. Akhil Mittal
(Self Practice)
Category Income Tax   Report

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