https://www.taxtmi.com/caselaws?id=259639 The Tribunal upheld the penalty imposed under Section 271(1)(c) of the Income Tax Act, agreeing that the assessee furnished inaccurate particulars of income and failed to provide explanations during assessment, reassessment, or penalty proceedings. The appeal was dismissed, confirming the penalty of Rs. 6,67,394/- for alleged concealment of income. en-us Fri, 24 Apr 2015 00:00:00 +0530 Sat, 16 May 2015 08:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259639 The Tribunal upheld the penalty imposed under Section 271(1)(c) of the Income Tax Act, agreeing that the assessee furnished inaccurate particulars of income and failed to provide explanations during assessment, reassessment, or penalty proceedings. The appeal was dismissed, confirming the penalty of Rs. 6,67,394/- for alleged concealment of income. Case-Laws Income Tax Fri, 24 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259639