https://www.taxtmi.com/caselaws?id=204887 The Calcutta High Court upheld the penalty imposed under Section 271(1)(c) of the Income-tax Act on an individual appellant for failure to disclose income earned from a former employer, despite TDS deductions. The Court emphasized that the intention to deceive is irrelevant for penalty application and affirmed the Tribunal's decision, stating the appellant's alleged bona fide intention or inadvertent mistake did not affect the penalty imposition. The Court dismissed the appeal, ruling that the penalty was justified, reasonable, and not arbitrary, without considering mala fide intention or mens rea. No costs were awarded. en-us Tue, 02 Aug 2011 00:00:00 +0530 Mon, 08 Aug 2011 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204887 The Calcutta High Court upheld the penalty imposed under Section 271(1)(c) of the Income-tax Act on an individual appellant for failure to disclose income earned from a former employer, despite TDS deductions. The Court emphasized that the intention to deceive is irrelevant for penalty application and affirmed the Tribunal's decision, stating the appellant's alleged bona fide intention or inadvertent mistake did not affect the penalty imposition. The Court dismissed the appeal, ruling that the penalty was justified, reasonable, and not arbitrary, without considering mala fide intention or mens rea. No costs were awarded. Case-Laws Income Tax Tue, 02 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204887