https://www.taxtmi.com/caselaws?id=372984 The Appellate Tribunal ITAT Indore allowed the appeal, directing the Assessing Officer to delete the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961. The decision was based on the bonafide nature of the mistake in claiming the deduction u/s 10B, considering legal precedents and the circumstances of the case. en-us Wed, 02 Jan 2019 00:00:00 +0530 Fri, 04 Jan 2019 06:40:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372984 The Appellate Tribunal ITAT Indore allowed the appeal, directing the Assessing Officer to delete the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961. The decision was based on the bonafide nature of the mistake in claiming the deduction u/s 10B, considering legal precedents and the circumstances of the case. Case-Laws Income Tax Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372984