https://www.taxtmi.com/caselaws?id=238983 Penalty under section 271(1)(c) was attracted where the assessee omitted to disclose receipts in the original return and made disclosure only after departmental detection and notice under section 148; the initial non-disclosure remained relevant in penalty proceedings, so concealment and furnishing of inaccurate particulars were established. Where the same concealment continued across multiple assessment years, the doctrine of continuity was applied and the penalty was sustained only for the first assessment year, with deletion for the remaining years. en-us Fri, 04 Jan 2013 00:00:00 +0530 Fri, 01 Nov 2013 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238983 Penalty under section 271(1)(c) was attracted where the assessee omitted to disclose receipts in the original return and made disclosure only after departmental detection and notice under section 148; the initial non-disclosure remained relevant in penalty proceedings, so concealment and furnishing of inaccurate particulars were established. Where the same concealment continued across multiple assessment years, the doctrine of continuity was applied and the penalty was sustained only for the first assessment year, with deletion for the remaining years. Case-Laws Income Tax Fri, 04 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238983