https://www.taxtmi.com/forum/issue?id=1842 Addition resulted from a ten percent estimated disallowance of labour charges to relatives made without findings on reasonableness; the assessee's factual acceptance and the lump-sum nature of the addition are disputed. A penalty for furnishing inaccurate particulars was imposed, but such a penalty requires proof of concealment or inaccurate particulars, and an estimate-based disallowance alone does not automatically attract the penalty. en-us Wed, 31 Mar 2010 06:41:53 +0530 Thu, 23 Jan 2025 15:58:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1842 Addition resulted from a ten percent estimated disallowance of labour charges to relatives made without findings on reasonableness; the assessee's factual acceptance and the lump-sum nature of the addition are disputed. A penalty for furnishing inaccurate particulars was imposed, but such a penalty requires proof of concealment or inaccurate particulars, and an estimate-based disallowance alone does not automatically attract the penalty. Discussion-Forum Income Tax Wed, 31 Mar 2010 06:41:53 +0530 https://www.taxtmi.com/forum/issue?id=1842