https://www.taxtmi.com/caselaws?id=425258 The Appellate Tribunal ITAT Pune dismissed all appeals filed by the Revenue, emphasizing that a mere disallowance of a claim on a legal ground does not warrant a penalty under section 271(1)(c) of the Income Tax Act. The Tribunal's decision was based on the application of legal precedents and the absence of inaccurate particulars of income in the case at hand. en-us Fri, 15 Jul 2022 00:00:00 +0530 Tue, 19 Jul 2022 09:23:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425258 The Appellate Tribunal ITAT Pune dismissed all appeals filed by the Revenue, emphasizing that a mere disallowance of a claim on a legal ground does not warrant a penalty under section 271(1)(c) of the Income Tax Act. The Tribunal's decision was based on the application of legal precedents and the absence of inaccurate particulars of income in the case at hand. Case-Laws Income Tax Fri, 15 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425258