https://www.taxtmi.com/caselaws?id=268256 The Tribunal ruled in favor of the assessee, deleting the penalty under section 271(1)(c) of the Income-tax Act for all three issues. The Tribunal held that the revenue did not prove concealment of income or furnishing inaccurate particulars by the assessee. The decision was announced on 07.10.2015. en-us Wed, 07 Oct 2015 00:00:00 +0530 Sat, 21 Nov 2015 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268256 The Tribunal ruled in favor of the assessee, deleting the penalty under section 271(1)(c) of the Income-tax Act for all three issues. The Tribunal held that the revenue did not prove concealment of income or furnishing inaccurate particulars by the assessee. The decision was announced on 07.10.2015. Case-Laws Income Tax Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268256