Penalty u/s 271(1)(c) Not Imposed Due to Debatable Foreign Travel Expenses of Married Directors.

Assessee has claimed the expenses of foreign travelling of both the directors who are husband and wife - Allowability of said expense is a debatable issue - penalty u/s 271(1)(c) can not be imposed .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X