Merely because assessee had claimed expenditure which was not ...

No Automatic Penalty for Disallowed Expenditure Claims u/s 271(1)(c) of Income Tax Act.

January 6, 2017

Case Laws Income Tax AT

Merely because assessee had claimed expenditure which was not accepted or not acceptable to Revenue that by itself would not attract a penalty u/s 271(1)(c) - AT

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Merely because assessee had claimed expenditure which was not ...

No Automatic Penalty for Disallowed Expenditure Claims u/s 271(1)(c) of Income Tax Act.

January 6, 2017

Case Laws Income Tax AT

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