TMI BlogLevy of penalty u/s.271(1)(c) - disallowance of certain expenses made on an adhoc basis by the AO which...Levy of penalty u/s.271(1)(c) - disallowance of certain expenses made on an adhoc basis by the AO which got confirmed up to the Tribunal for want of evidences - No penalty is leviable. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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