alleryStart learning →Before section 270A took effect, penalty for concealment of income was levied under which provision?
ASection 271(1)(c)
BSection 271AAC
CSection 271B
DSection 270
Answer & Solution
Correct answer: A. Section 271(1)(c)
Section 271(1)(c) covered concealment or inaccurate particulars, and it was made inapplicable to assessments from AY 2017-18.
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