Taxpayer's Bona Fide Interpretation of Revenue-Neutral Income Upheld by ITAT and HC u/s 271(1)(c) and 10(38.

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....Penalty u/s 271 (1)(c) - computing the revenue neutral income by the assessee as per provisions of Section 10(38) for the Long Term capital gain - Bonafide interpretation of ITAT sustained - HC....