Penalty u/s 271(1)(c) - Merely because assessee claimed ...
Penalty u/s 271(1)(c) Not Automatic for Disputed 25% Depreciation Claim on Plant Items.
January 31, 2019
Case Laws Income Tax AT
Penalty u/s 271(1)(c) - Merely because assessee claimed depreciation at 25% treating items to be plant, which claim was not acceptable to revenue, would not by itself attract penalty.
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