Penalty u/s 271(1)(c) - ALP determination - an honest difference ...
No Penalty for Honest Disagreement on Arm's Length Price u/s 271(1)(c) Between Taxpayer and Revenue.
June 17, 2016
Case Laws Income Tax AT
Penalty u/s 271(1)(c) - ALP determination - an honest difference of opinion between the assessee and the Revenue can never be a cause for imposition of penalty. - AT
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