TMI BlogPenalty u/s 271(1)(c) - Disallowance of claim of various expenses – The assessee has huge accumulated...Penalty u/s 271(1)(c) - Disallowance of claim of various expenses – The assessee has huge accumulated losses and depreciation which further strengthen the view that there was no incentive for assessee to make such claims for the benefit of tax - no penalty - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|