https://www.taxtmi.com/highlights?id=44828 No penalty levied u/s. 271(1)(c) if assessee has made complete disclosure of details of claim in Accounts as well as return. Further if claim is a debatable and there was no loss to revenue, no penalty is leviable. en-us Sat, 02 Mar 2019 13:33:48 +0530 Sat, 02 Mar 2019 13:33:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44828 No penalty levied u/s. 271(1)(c) if assessee has made complete disclosure of details of claim in Accounts as well as return. Further if claim is a debatable and there was no loss to revenue, no penalty is leviable. Highlights Income Tax Sat, 02 Mar 2019 13:33:48 +0530 https://www.taxtmi.com/highlights?id=44828