https://www.taxtmi.com/forum/issue?id=3825 Penalty may be levied for concealment, for furnishing inaccurate particulars, or both; the assessing officer must have recorded his satisfaction that such default exists, and if that satisfaction is recorded the officer can impose penalty even if the assessment order and penalty notice are dated the same day and the notice does not separately specify the ground. en-us Fri, 17 Feb 2012 12:29:10 +0530 Thu, 23 Jan 2025 15:58:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3825 Penalty may be levied for concealment, for furnishing inaccurate particulars, or both; the assessing officer must have recorded his satisfaction that such default exists, and if that satisfaction is recorded the officer can impose penalty even if the assessment order and penalty notice are dated the same day and the notice does not separately specify the ground. Discussion-Forum Income Tax Fri, 17 Feb 2012 12:29:10 +0530 https://www.taxtmi.com/forum/issue?id=3825