https://www.taxtmi.com/caselaws?id=404933 The Tribunal dismissed the revenue's appeal, confirming that the non-submission of Form 3CL did not disentitle the assessee from claiming the deduction under Section 35(2AB). It was held that there was no furnishing of inaccurate particulars of income. The penalty under Section 271(1)(c) was rightly deleted by the CIT(A) based on the Tribunal's order on quantum addition. The appeal by the revenue was dismissed, and the order was pronounced on 3rd March 2021. en-us Wed, 03 Mar 2021 00:00:00 +0530 Mon, 08 Mar 2021 09:29:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404933 The Tribunal dismissed the revenue's appeal, confirming that the non-submission of Form 3CL did not disentitle the assessee from claiming the deduction under Section 35(2AB). It was held that there was no furnishing of inaccurate particulars of income. The penalty under Section 271(1)(c) was rightly deleted by the CIT(A) based on the Tribunal's order on quantum addition. The appeal by the revenue was dismissed, and the order was pronounced on 3rd March 2021. Case-Laws Income Tax Wed, 03 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404933