Penalty u/s 271(1)(c) waived for assessee after auditor's failure to disallow excess partner remuneration claim.

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....Penalty u/s 271(1)(c) - assessee claimed remuneration to partners - assessee has contended that the case of the assessee was audited u/s 44AB, however, the learned Auditor did not disallow the excess claim of the remuneration - No penalty - AT....