https://www.taxtmi.com/highlights?id=40038 Penalty u/s 271(1)(C) - Disallowance of interest expenditure and letter of credit charges - difference of opinion between the AO as well as the assessee that the money that been utilized for the purpose of acquisition of the assets have been capitalized till the assets have been put to use - it cannot be said that assessee has furnished inaccurate particulars of its income en-us Thu, 21 Jun 2018 06:24:13 +0530 Thu, 21 Jun 2018 06:24:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=40038 Penalty u/s 271(1)(C) - Disallowance of interest expenditure and letter of credit charges - difference of opinion between the AO as well as the assessee that the money that been utilized for the purpose of acquisition of the assets have been capitalized till the assets have been put to use - it cannot be said that assessee has furnished inaccurate particulars of its income Highlights Income Tax Thu, 21 Jun 2018 06:24:13 +0530 https://www.taxtmi.com/highlights?id=40038