https://www.taxtmi.com/caselaws?id=259167 The Appellate Tribunal upheld the decision of the CIT(A) in canceling the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961. The Tribunal found that there was no evidence of intentional concealment or furnishing inaccurate particulars by the assessee. The appeal by the Assessing Officer was dismissed, and the penalty was canceled. en-us Fri, 27 Mar 2015 00:00:00 +0530 Sat, 25 Apr 2015 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259167 The Appellate Tribunal upheld the decision of the CIT(A) in canceling the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961. The Tribunal found that there was no evidence of intentional concealment or furnishing inaccurate particulars by the assessee. The appeal by the Assessing Officer was dismissed, and the penalty was canceled. Case-Laws Income Tax Fri, 27 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259167