https://www.taxtmi.com/caselaws?id=248799 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the penalty under Section 271(1)(c) as the appellant's actions did not amount to furnishing inaccurate particulars, based on relevant case laws. The Tribunal emphasized that the absence of incorrect or false details in the return prevented the imposition of a penalty, leading to the decision in favor of the assessee. en-us Fri, 06 Jun 2014 00:00:00 +0530 Wed, 25 Jun 2014 15:31:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248799 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decision to delete the penalty under Section 271(1)(c) as the appellant's actions did not amount to furnishing inaccurate particulars, based on relevant case laws. The Tribunal emphasized that the absence of incorrect or false details in the return prevented the imposition of a penalty, leading to the decision in favor of the assessee. Case-Laws Income Tax Fri, 06 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248799