Penalty u/s 271(1)(c) Dropped After Taxpayer Corrects Income Statement Errors During Assessment Proceedings.

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....Penalty levied u/s. 271(l)(c) - additions towards donation paid and STT paid - assessee failed to add back in the statement of total income, while filing return of income. The said mistake has been rectified immediately after noticing during the course of assessment proceedings - No penalty.....