https://www.taxtmi.com/caselaws?id=181931 The Tribunal upheld the decision of the Ld. CIT(A) to delete the penalty imposed under section 271(1)(c) of the Income Tax Act, ruling that unless inaccurate particulars were filed or income was concealed, the penalty was not justified. The Revenue's appeal was dismissed, with the Tribunal finding no infirmity in the Ld. CIT(A)'s order. The cross objection filed by the assessee was also dismissed as it had become infructuous. en-us Fri, 14 Nov 2014 00:00:00 +0530 Thu, 28 Apr 2016 10:00:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181931 The Tribunal upheld the decision of the Ld. CIT(A) to delete the penalty imposed under section 271(1)(c) of the Income Tax Act, ruling that unless inaccurate particulars were filed or income was concealed, the penalty was not justified. The Revenue's appeal was dismissed, with the Tribunal finding no infirmity in the Ld. CIT(A)'s order. The cross objection filed by the assessee was also dismissed as it had become infructuous. Case-Laws Income Tax Fri, 14 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181931