https://www.taxtmi.com/highlights?id=26018 Penalty u/s. 271(1)(c) - Auditors report obtained by the assessee cannot override Income Tax provisions and just because the assessee's claim is supported by a chartered accountant's opinion, this fact per se cannot absolve the assessee from penalty under section 271(1)(c). - AT en-us Sat, 21 Nov 2015 14:39:45 +0530 Sat, 21 Nov 2015 14:39:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=26018 Penalty u/s. 271(1)(c) - Auditors report obtained by the assessee cannot override Income Tax provisions and just because the assessee's claim is supported by a chartered accountant's opinion, this fact per se cannot absolve the assessee from penalty under section 271(1)(c). - AT Highlights Income Tax Sat, 21 Nov 2015 14:39:45 +0530 https://www.taxtmi.com/highlights?id=26018