https://www.taxtmi.com/caselaws?id=392491 The tribunal upheld the penalty imposed by the AO for deliberate and conscious inadmissible claims under sections 80IB and 80G, confirming tax evasion. However, the penalty for non-deduction of TDS on professional fees was deleted as the assessee made proper disclosure and acted bona fide. The appeal was partly allowed, affirming the penalty for inadmissible deductions and removing the penalty for non-deduction of TDS. en-us Mon, 17 Feb 2020 00:00:00 +0530 Fri, 21 Feb 2020 12:41:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392491 The tribunal upheld the penalty imposed by the AO for deliberate and conscious inadmissible claims under sections 80IB and 80G, confirming tax evasion. However, the penalty for non-deduction of TDS on professional fees was deleted as the assessee made proper disclosure and acted bona fide. The appeal was partly allowed, affirming the penalty for inadmissible deductions and removing the penalty for non-deduction of TDS. Case-Laws Income Tax Mon, 17 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392491