https://www.taxtmi.com/highlights?id=22143 Penalty could have not been imposed as per Section 271(a)(c) of the Act without satisfying concealment or submission of inaccurate particulars of income on the part of the assessee. Such satisfaction must reflect in the order of assessment as the penalty as per the provision under consideration is not automatic - HC en-us Wed, 18 Mar 2015 09:37:25 +0530 Wed, 18 Mar 2015 09:37:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22143 Penalty could have not been imposed as per Section 271(a)(c) of the Act without satisfying concealment or submission of inaccurate particulars of income on the part of the assessee. Such satisfaction must reflect in the order of assessment as the penalty as per the provision under consideration is not automatic - HC Highlights Income Tax Wed, 18 Mar 2015 09:37:25 +0530 https://www.taxtmi.com/highlights?id=22143