TMI BlogPenalty Imposed u/s 271(1)(C) Overturned Due to Lack of Specific Charge by Assessing Officer.Penalty levied u/s 271(1)(C) - deemed income being loss claimed and disallowed - The AO has also not specified the charge on which penalty is being levied - No penalty - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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