https://www.taxtmi.com/highlights?id=45584 Penalty u/s 271(1)(c) - quantum addition upheld up to High Court - SLP admitted - Evidences and arguments placed by assessee shows that claim was made disclosing the complete facts in its return of income putting notes in the computation of total income, corroborating it with its balance sheet, supporting it with judicial precedents - mere rejection of the claim of the assessee cannot be invited with the penalty en-us Tue, 02 Apr 2019 07:26:49 +0530 Tue, 02 Apr 2019 07:18:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45584 Penalty u/s 271(1)(c) - quantum addition upheld up to High Court - SLP admitted - Evidences and arguments placed by assessee shows that claim was made disclosing the complete facts in its return of income putting notes in the computation of total income, corroborating it with its balance sheet, supporting it with judicial precedents - mere rejection of the claim of the assessee cannot be invited with the penalty Highlights Income Tax Tue, 02 Apr 2019 07:26:49 +0530 https://www.taxtmi.com/highlights?id=45584