https://www.taxtmi.com/highlights?id=18489 Cancellation of penalty u/s 271(1)(c) - no prudent purpose could be served for the assessee by filing inaccurate particulars in the current years while the assessee had already offered for tax the capital gains on sale of impugned land in the AY 2000-01 - no penalty - AT en-us Fri, 09 May 2014 11:26:37 +0530 Fri, 09 May 2014 11:26:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=18489 Cancellation of penalty u/s 271(1)(c) - no prudent purpose could be served for the assessee by filing inaccurate particulars in the current years while the assessee had already offered for tax the capital gains on sale of impugned land in the AY 2000-01 - no penalty - AT Highlights Income Tax Fri, 09 May 2014 11:26:37 +0530 https://www.taxtmi.com/highlights?id=18489