https://www.taxtmi.com/highlights?id=28802 Penalty u/s 271(1)(c) - addition made on account of writing off unused hologram - assessee was of bonafide belief that writing off of unused hologram is legal since it cannot be used next year, thus the claim of the assessee is not bogus. - No penalty imposed - AT en-us Wed, 27 Apr 2016 10:26:42 +0530 Wed, 27 Apr 2016 10:26:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28802 Penalty u/s 271(1)(c) - addition made on account of writing off unused hologram - assessee was of bonafide belief that writing off of unused hologram is legal since it cannot be used next year, thus the claim of the assessee is not bogus. - No penalty imposed - AT Highlights Income Tax Wed, 27 Apr 2016 10:26:42 +0530 https://www.taxtmi.com/highlights?id=28802