Held that mere filing incorrect claim which was not allowed by Assessing Officer would not attract penalty under section 271(1)(c) of the Act. (AY. 2012-13)
Purshottam Farmers Co. Op Cotton Ginning & Pressing Society Ltd. v. DCIT (2023) 203 ITD 698 (Surat) (Trib.)
S. 271(1)(c) : Penalty-Concealment-Disallowance of claim-Mere filing incorrect claim which was not allowed by Assessing Officer would not attract concealment penalty.
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