Penalty u/s 271(1)(c) Not Justified by Mere Disallowance of Expenditure; Inaccuracies Must Be Clearly Established.

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....Penalty u/s 271(1)(c) - such provision of services and it subsequent revision may result in disallowance of the expenditure but certainly it cannot lead to levy of penalty u/s 271 (1) (C) of the income tax act for furnishing of inaccurate particulars of income - AT....