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![Mere disallowance of an Expense does not warrant a Penalty for filing inaccurate particulars of Income: ITAT [Read Order] Mere disallowance of an Expense does not warrant a Penalty for filing inaccurate particulars of Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Mere-disallowance-expense-penalty-particulars-of-income-ITAT-Taxscan.jpg)
'Mere disallowance' of an Expense does not warrant a Penalty for filing inaccurate particulars of Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that “Mere disallowance” of an expense does not warrant a penalty for filing inaccurate...