TMI BlogPenalty Confirmed for Wrongful Deduction Claim u/s 80IB; Unrelated Debit Write-Off Added to Income Taxable Amount.Levy of penalty for wrong claim of deduction u/s 80IB - Write off of debit balance – additions were made since the advance given to a person which had no relation with sales - levy of penalty confirmed - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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