Penalty cannot be levied for every disallowance made in assessment order

CA Sandeep Kanoi

The assessee claimed the expenses of Rs. 3,89,78,000/- being the amount payable to M/s. APR Limited for the services provided to the assessee. This amount was debited with debit notes received from M/s. APR Limited and the expenditure were pertaining to salary and wages of Rs. 1,65,99,000/-, communication & telephone expenses of Rs.38,90,000/-, traveling & conveyance expenses of Rs.75,60,000/- and other expenses of Rs.1,09,29,000/- totaling Rs.3,89,78,000/-.

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