Penalty u/s 271(1)(c) Removed: AO Accepts Revised Return, No Inadmissible Deduction or Income Misreporting Found.
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....Penalty u/s. 271(1)(c) - If AO accepted the revised return, there was no question of making inadmissible claim of deduction u/s 10B in such revised return. In fact, there is no concealment or inaccurate furnishing of income in such revised return. - penalty levied by the AO u/s 271(1)(c) deleted - AT....


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