Penalty u/s 271(1)(c) - provision for leave encashment - dispute ...
No Penalty Imposed u/s 271(1)(c) Due to Timing Dispute Over Allowable Leave Encashment Expenses.
March 27, 2018
Case Laws Income Tax AT
Penalty u/s 271(1)(c) - provision for leave encashment - dispute was only relating to the year in which the said expenses are allowable and not about the very deductibility of the said expenses as the genuineness of the same was neither disputed nor doubted - no penalty - AT
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