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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Assessee has claimed the expenses of foreign travelling of both ...


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

July 4, 2016

Case Laws     Income Tax     AT

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

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