Section 10A and related deductions: Tribunal rejects separate-undertaking claim, but allows loss set-off, ESOP cost and foreign tax credit in principl...
Penalty u/s 271(1)(c) - disallowance of interest u/s 43B(e) - after being pointed it out, assessee immediately filed rectification u/s 154 - fining of facts that it is an inadvertent error and cannot be stated to be a contumacious conduct on the part of the assessee and cannot be stated to be with an intention to understate his income by furnishing inaccurate particulars - no substantial question of law
Penalty u/s 271(1)(c) - disallowance of interest u/s 43B(e) - after being pointed it out, assessee immediately filed rectification u/s 154 - fining of facts that it is an inadvertent error and cannot be stated to be a contumacious conduct on the part of the assessee and cannot be stated to be with an intention to understate his income by furnishing inaccurate particulars - no substantial question of law
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