https://www.taxtmi.com/caselaws?id=341841 The Tribunal ruled in favor of the appellant, setting aside the penalty imposed under Section 271(1)(c) for the inaccurate claim related to deduction under Section 80IB(10) on interest income from fixed deposits. The decision emphasized the significance of genuine claims supported by disclosed facts and legal interpretations in tax disputes. en-us Wed, 12 Apr 2017 00:00:00 +0530 Wed, 19 Apr 2017 07:03:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341841 The Tribunal ruled in favor of the appellant, setting aside the penalty imposed under Section 271(1)(c) for the inaccurate claim related to deduction under Section 80IB(10) on interest income from fixed deposits. The decision emphasized the significance of genuine claims supported by disclosed facts and legal interpretations in tax disputes. Case-Laws Income Tax Wed, 12 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341841