https://www.taxtmi.com/highlights?id=62254 Penalty levied u/s 271(1)(c) - deduction of LTCG u/s 54F - The assessee acted in bona fide belief and made the claim is not acceptable due to any reason and was disallowed the same cannot be subject to levy of penalty under section 271(1)(c) . - AT en-us Thu, 03 Mar 2022 11:16:03 +0530 Thu, 03 Mar 2022 11:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62254 Penalty levied u/s 271(1)(c) - deduction of LTCG u/s 54F - The assessee acted in bona fide belief and made the claim is not acceptable due to any reason and was disallowed the same cannot be subject to levy of penalty under section 271(1)(c) . - AT Highlights Income Tax Thu, 03 Mar 2022 11:16:03 +0530 https://www.taxtmi.com/highlights?id=62254