Penalty u/s 271(1)(c) - addition made on account of writing off ...
Case Laws Income Tax
April 27, 2016
Penalty u/s 271(1)(c) - addition made on account of writing off unused hologram - assessee was of bonafide belief that writing off of unused hologram is legal since it cannot be used next year, thus the claim of the assessee is not bogus. - No penalty imposed - AT
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