No Penalty u/s 271(1)(c) as Tax Claim Genuineness Accepted; Disallowance Due to TDS Non-Deduction.

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....Penalty u/s 271(1)(c) - genuineness of the claim has neither been disputed by the department nor the claimed expenses are false - the assessee has furnished all the relevant facts concerning the claim made by it in the return filed and disallowance u/s.40(a) was made for the reasons that assessee failed to deduct TDS thereon - no penalty....