S. 271(1)(c) Ignorance of law can be valid excuse for non resident

IN THE ITAT PUNE BENCH ‘A’ Emilio Ruiz Berdejo versus Deputy Commissioner of Income-tax  IT Appeal Nos. 991 (Pune) of 2008 [Assessment years 2000-01 to 2005-06] July 24, 2012 ORDER 1. Issue in all these appeals pertain to Penalty u/s.271(1)(c) with regards to offering the additional income on account of reimbursement towards tax rationalization as a taxable perquisite in response to notice u/s.148 of the Act. So they are being disposed off by a common order for the sake of convenience. 2. In ITA.No.991/PN/2008 for A.Y. 2000-01, the assessee raised the following gr...