The claim of the assessee cannot be considered as false to ...
Penalty u/s 271(1)(c) of Income Tax Act Deleted; Claim Not Deemed False or Warranting Penalty.
March 30, 2013
Case Laws Income Tax AT
The claim of the assessee cannot be considered as false to attract the rigours of penalty u/s 271(1)( c) which is quasi criminal in nature and accordingly deleted the penalty. - AT
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