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Penalty u/s 271(1)(c) Not Enforced Due to Honest Accounting Mistake in Reporting Contract Receipts.

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....Penalty levied u/s.271(1)(c) - excess expenses disallowed and suppression of receipts - being bonafide mistake in accounting the total contract receipts, no penalty.....

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Penalty u/s 271(1)(c) Not Enforced Due to Honest Accounting Mistake in Reporting Contract Receipts.