https://www.taxtmi.com/article/detailed?id=5208 Penalty under the Income Tax penalty provision for concealment or furnishing incorrect particulars is a civil liability not dependent on mens rea; initiation and imposition require conditions triggering penalty to be discernible from the assessment or appellate/revisional orders or a clear statutory direction, and deeming provisions do not apply to orders of the Commissioner of Appeals or the Commissioner. Penalty proceedings are distinct from assessment proceedings, notices must specify the precise ground, and generic forms or ambiguous directions offend natural justice. en-us Wed, 24 Jul 2013 18:56:51 +0530 Wed, 24 Jul 2013 18:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5208 Penalty under the Income Tax penalty provision for concealment or furnishing incorrect particulars is a civil liability not dependent on mens rea; initiation and imposition require conditions triggering penalty to be discernible from the assessment or appellate/revisional orders or a clear statutory direction, and deeming provisions do not apply to orders of the Commissioner of Appeals or the Commissioner. Penalty proceedings are distinct from assessment proceedings, notices must specify the precise ground, and generic forms or ambiguous directions offend natural justice. Articles Income Tax Wed, 24 Jul 2013 18:56:51 +0530 https://www.taxtmi.com/article/detailed?id=5208