https://www.taxtmi.com/highlights?id=42102 Penalty u/s.271(1)(c) - disallowance of expenses - The allegation of the AO that the expenses incurred are /or personal purpose since there is no income earned during the year under consideration without bringing any corroborative evidence on record is misplaced - No penalty. en-us Wed, 17 Oct 2018 07:43:44 +0530 Wed, 17 Oct 2018 07:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42102 Penalty u/s.271(1)(c) - disallowance of expenses - The allegation of the AO that the expenses incurred are /or personal purpose since there is no income earned during the year under consideration without bringing any corroborative evidence on record is misplaced - No penalty. Highlights Income Tax Wed, 17 Oct 2018 07:43:44 +0530 https://www.taxtmi.com/highlights?id=42102