https://www.taxtmi.com/highlights?id=28148 Penalty levied u/s 271(1)(c) - excess claim of deduction u/s 35(2) - the assessee has made a bonafide legal claim which cannot be said to be fallacious or flippant and malafide - no penalty - AT en-us Mon, 28 Mar 2016 13:19:40 +0530 Mon, 28 Mar 2016 13:19:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28148 Penalty levied u/s 271(1)(c) - excess claim of deduction u/s 35(2) - the assessee has made a bonafide legal claim which cannot be said to be fallacious or flippant and malafide - no penalty - AT Highlights Income Tax Mon, 28 Mar 2016 13:19:40 +0530 https://www.taxtmi.com/highlights?id=28148