https://www.taxtmi.com/highlights?id=32880 Levy of penalty u/s 271(1)(c) - since there is only a change of head of income from ‘STCG’ as declared by the assessee to ‘business income’ as held by the AO and no evidence brought on record that the assessee’s claim was not bona fide - No penalty - AT en-us Sat, 14 Jan 2017 07:22:57 +0530 Sat, 14 Jan 2017 07:22:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=32880 Levy of penalty u/s 271(1)(c) - since there is only a change of head of income from ‘STCG’ as declared by the assessee to ‘business income’ as held by the AO and no evidence brought on record that the assessee’s claim was not bona fide - No penalty - AT Highlights Income Tax Sat, 14 Jan 2017 07:22:57 +0530 https://www.taxtmi.com/highlights?id=32880