Income Tax - Penalty u/s 271(1)(c) - The absence of books of accounts of the firm in the partners residence, certainly would not lead to a further inference that there were no books of accounts of the firm maintained by the assessee - no penalty - HC

Income Tax - Penalty u/s 271(1)(c) - The absence of books of accounts of the firm in the partners residence, certainly would not lead to a further inference that there were no books of accounts of the firm maintained by the assessee - no penalty - HC....................