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Mere disallowance of depreciation would not invite penalty u/s 271(1)(c)

No penalty u/s 271(1)(b) when assessee was already nursing Huge losses: ITAT

Defective or Invalid ITR: Know Mistakes to avoid while filing various ITR Forms

11 Most Popular Investments options under Section 80C

ITAT allows opportunity to assessee to substantiate the case on the grounds of natural justice
