TMI BlogPenalty u/s 271(1)(c) - merely for the reason that the said expenditure was claimed as a revenue...Penalty u/s 271(1)(c) - merely for the reason that the said expenditure was claimed as a revenue expenditure would not justify imposition of penalty under Sec. 271(1)(c), for the reason that the same was held by the A.O to be in the nature as that of a capital expenditure - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|