Making of a claim which is not sustainable in law by itself will not amount to furnishing of inaccurate particulars of income




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Making of a claim which is not sustainable in law by itself will not amount to furnishing of inaccurate particulars of income

 

The Hon’ble Apex Court in the case of CIT vs Reliance Petroproducts (P.) Ltd., 322 ITR 158 (SC) has held that mere making of a claim which is not sustainable in law by itself will not amount to furnishing of inaccurate particulars of income. The penalty levied by the AO u/s 271(1)(c) deleted. Assessee represented by me.

 

The copy of the  order is as under:

 

1685939192330




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