Judgements by CA V. Mohanakrishnan

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Penalty under 11AC

  CA V. Mohanakrishnan    21 October 2008 at 05:10

Revenue wins major battle in Apex Court; Central Excise - Mandatory Penalty - Section 11AC - No discretion to reduce penalty; Income Tax - Sec 271(1)(c) - penalty is civil liability and wilful concealment is not essential ingredient for attracting

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