https://www.taxtmi.com/caselaws?id=326874 The Tribunal found that the assessee's conduct was bona fide, with no intention to evade taxes. Errors in the return were attributed to the negligence of the online tax filing portal. The Tribunal held that the explanations provided for discrepancies were plausible and bona fide. The penalty under Section 271(1)(c) was deemed unwarranted, and the penalty imposed by the AO was deleted. The appeal by the assessee was allowed, and the penalty was removed. en-us Wed, 20 Apr 2016 00:00:00 +0530 Sat, 04 Jun 2016 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326874 The Tribunal found that the assessee's conduct was bona fide, with no intention to evade taxes. Errors in the return were attributed to the negligence of the online tax filing portal. The Tribunal held that the explanations provided for discrepancies were plausible and bona fide. The penalty under Section 271(1)(c) was deemed unwarranted, and the penalty imposed by the AO was deleted. The appeal by the assessee was allowed, and the penalty was removed. Case-Laws Income Tax Wed, 20 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326874