https://www.taxtmi.com/highlights?id=25588 Penalty u/s. 271(1)(c) - expenditure toward payment made to employees under Voluntary Separation Scheme - when the assets are in the process of being sold out, the employees are made to go and the business is being in the process of closure down. In these circumstances, the appellant’s contention that their case is not covered by the scheme contemplated by section 35DDA has to be accepted - AT en-us Wed, 28 Oct 2015 12:27:00 +0530 Wed, 28 Oct 2015 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=25588 Penalty u/s. 271(1)(c) - expenditure toward payment made to employees under Voluntary Separation Scheme - when the assets are in the process of being sold out, the employees are made to go and the business is being in the process of closure down. In these circumstances, the appellant’s contention that their case is not covered by the scheme contemplated by section 35DDA has to be accepted - AT Highlights Income Tax Wed, 28 Oct 2015 12:27:00 +0530 https://www.taxtmi.com/highlights?id=25588