TMI BlogPenalty u/s 271(1)(c) - Since the department itself has accepted assessee’s claim for such writing off...Penalty u/s 271(1)(c) - Since the department itself has accepted assessee’s claim for such writing off of preliminary expenses in the immediately preceding assessment year, disallowance of similar claim in subsequent year will not make it a fit case for levy of penalty - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|