https://www.taxtmi.com/caselaws?id=234770 The appeal filed by the department was dismissed, and the CIT (A)'s order deleting the penalty under section 271(1)(c) was confirmed. The ITAT emphasized the need for concrete evidence of concealment or inaccuracy in penalty proceedings, independent of the findings in assessment proceedings. en-us Mon, 17 Jun 2013 00:00:00 +0530 Fri, 21 Jun 2013 17:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234770 The appeal filed by the department was dismissed, and the CIT (A)'s order deleting the penalty under section 271(1)(c) was confirmed. The ITAT emphasized the need for concrete evidence of concealment or inaccuracy in penalty proceedings, independent of the findings in assessment proceedings. Case-Laws Income Tax Mon, 17 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234770