Penalty 271(1)(c) deleted on debatable issue of revenue or capital receipt of the freight subsidy
July 29, 2018
Income Tax, ITAT
Penalty 271(1)(c) deleted on debatable issue of revenue or capital receipt of the freight subsidy not accounted for on mercantile basis. ABCAUS Case Law Citation: ABCAUS 2442 (2018) 07 ITAT The instant appeal was filed by the assessee against the order passed by the CIT(A) in confirming the …