Dispute Between AO and CIT(A) Over Penalty Imposition u/s 271(1)(c); Disallowance Doesn't Mean Automatic Penalty.

Dispute Between AO and CIT(A) Over Penalty Imposition u/s 271(1)(c); Disallowance Doesn't Mean Automatic Penalty. https://www.taxtmi.com/highlights?id=31710 AO and the CIT (A) are not on the same page for levy of penalty u/s 271 (1)(c) of the Act. Further, mere disallowance of a claim will not automatically attract the levy of penalty - AT en-us Mon, 17 Oct 2016 09:37:58 +0530 Mon, 17 Oct 2016 09:37:58 +0530 TaxTMI RSS Generator Dispute Between AO and CIT(A) Over Penalty Imposition u/s 271(1)(c); Disallowance Doesn't Mean Automatic Penalty. https://www.taxtmi.com/highlights?id=31710 AO and the CIT (A) are not on the same page for levy of penalty u/s 271 (1)(c) of the Act. Further, mere disallowance of a claim will not automatically attract the levy of penalty - AT Highlights Income Tax Mon, 17 Oct 2016 09:37:58 +0530 https://www.taxtmi.com/highlights?id=31710