Penalty u/s. 271(1)(c) - assessee accepted the quantum ...
Penalty u/s 271(1)(c) Not Justified: Assessee's Conduct Not Contumacious, No P&L Account Misroute Penalty.
June 14, 2018
Case Laws Income Tax AT
Penalty u/s. 271(1)(c) - assessee accepted the quantum disallowance - just because assessee has not routed the same through profit and loss account does not by itself said to be a contumacious conduct warranting levy of penalty u/s. 271(1)(c)
View Source