https://www.taxtmi.com/caselaws?id=331753 The Tribunal partly allowed the appeal, deleting penalties related to the non-disclosure of salary income and housing loan interest while upholding penalties on credit card expenses and interest on the saving bank account. The decision emphasized the importance of bona fide mistakes and the necessity of providing valid explanations for claimed deductions. en-us Wed, 27 Jul 2016 00:00:00 +0530 Thu, 01 Sep 2016 14:06:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331753 The Tribunal partly allowed the appeal, deleting penalties related to the non-disclosure of salary income and housing loan interest while upholding penalties on credit card expenses and interest on the saving bank account. The decision emphasized the importance of bona fide mistakes and the necessity of providing valid explanations for claimed deductions. Case-Laws Income Tax Wed, 27 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331753