https://www.taxtmi.com/highlights?id=34137 Penalty u/s 271(1)(c) - assessee has made a claim, which is one of the arguable claims, but assessee in its own wisdom, withdrawn that claim During the course of assessment proceedings itself, but it cannot be said that the claim of the assessee was wrong or false - no penalty - AT en-us Tue, 04 Apr 2017 10:24:49 +0530 Tue, 04 Apr 2017 10:24:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=34137 Penalty u/s 271(1)(c) - assessee has made a claim, which is one of the arguable claims, but assessee in its own wisdom, withdrawn that claim During the course of assessment proceedings itself, but it cannot be said that the claim of the assessee was wrong or false - no penalty - AT Highlights Income Tax Tue, 04 Apr 2017 10:24:49 +0530 https://www.taxtmi.com/highlights?id=34137