https://www.taxtmi.com/caselaws?id=63515 The ITAT allowed the appeal, canceling the penalty imposed under section 271(1)(c) due to the failure to establish the requisite mens rea and the discharge of the burden of proof by the assessee as per the Explanation to the section. en-us Wed, 09 Jul 1986 00:00:00 +0530 Mon, 31 Jan 2011 14:41:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63515 The ITAT allowed the appeal, canceling the penalty imposed under section 271(1)(c) due to the failure to establish the requisite mens rea and the discharge of the burden of proof by the assessee as per the Explanation to the section. Case-Laws Income Tax Wed, 09 Jul 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63515