No penalty u/s 271(1)(c) for denied Section 80IB(10) deduction in 2009-10; full disclosure made.

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....Penalty u/s 271(1)(c) - denial of deduction under section 80IB(10) - Just because the claim for this A.Y. 2009–10 was rejected, the penalty cannot be imposed considering the fact that the assessee has submitted all the relevant information during the assessment proceedings and also all the relevant information relating to this claim was available on record. - AT....