Levy of penalty u/s.271(1)(c) - disallowance of certain expenses ...
No Penalty Levied u/s 271(1)(c) Despite Disallowed Expenses Due to Lack of Evidence by Assessing Officer.
March 11, 2019
Case Laws Income Tax AT
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.
View Source