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2014 (9) TMI 5 - HC - Income TaxPenalty u/s 271(1)(c) – Inaccurate particulars furnished or not – Claim of deduction u/s 10A – Held that:- As decided in assessee’s own case, it has been held that there was no material brought forward to prove that the assessee has not furnished any inaccurate particulars of income nor had it found that there was any concealment on the part of the assessee - the additions were sustained particularly in the quantum appeal by disallowing the expenditure on interpretation of the provisions of law and the part of this amount had been restored to the file of the Assessing Officer for reconsideration – the order of the Tribunal is upheld – Decided against Revenue.
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