https://www.taxtmi.com/caselaws?id=180166 The Tribunal allowed the Revenue's appeal, confirming the penalty of Rs. 50,000 imposed under section 271(1)(c) for concealment of income and furnishing inaccurate particulars of income. The revised return filed by the assessee was deemed invalid, and the assessee's failure to provide evidence for the revised expenses led to the confirmation of the penalty. en-us Thu, 27 Jun 2002 00:00:00 +0530 Fri, 18 Mar 2016 10:24:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180166 The Tribunal allowed the Revenue's appeal, confirming the penalty of Rs. 50,000 imposed under section 271(1)(c) for concealment of income and furnishing inaccurate particulars of income. The revised return filed by the assessee was deemed invalid, and the assessee's failure to provide evidence for the revised expenses led to the confirmation of the penalty. Case-Laws Income Tax Thu, 27 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180166