Penalty u/s 271(1)(c) Unjustified for Disallowed Doubtful Debts if Taxpayer Discloses All Facts, No Inaccurate Details.

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....Penalty u/s 271(1)(c) - disallowance of provisions for doubtful debts - Once the assessee has produced and disclosed all the relevant facts then mere disallowance of claim by the AO on the ground that the same is not allowable as per provisions of the Income Tax would not lead to the conclusion that the assessee has furnished the inaccurate particulars of income or concealed the particulars of income.....