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2010 (9) TMI 155 - DELHI HIGH COURT
Penalty - Deduction under Sections 80-1A and 80-IB - not allowed –assessee had claimed excessive deductions knowing that they are incorrect; it amounted to concealment of income - Held that: - Merely because the assessee had claimed the expenditure, which claim was not accepted or was not acceptable to the revenue, that by itself would not, in our opinion, attract the penalty under section 271 (1)(c) – No substantial question of law