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![Bonafide Deduction Claim does not attract Income Tax Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Bonafide-Deduction-Claim-Income-Tax-Penalty-ITAT-Taxscan.jpg "Bonafide Deduction Claim does not attract Income Tax Penalty: ITAT [Read Order]")
Bonafide Deduction Claim does not attract Income Tax Penalty: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the income tax penalty under section 271(1)(c) of the Income Tax Act, 1961...