https://www.taxtmi.com/caselaws?id=333344 The Tribunal allowed the appellant's appeal and deleted the penalty imposed under section 271(1)(c) for undisclosed income detected during survey proceedings. The Tribunal emphasized the lack of concrete evidence establishing deliberate concealment or furnishing of inaccurate particulars of income beyond the disclosed amount during the survey, highlighting the necessity for separate findings on concealment or inaccuracies. The penalty was deemed unjustified and subsequently deleted. en-us Mon, 30 May 2016 00:00:00 +0530 Sat, 08 Oct 2016 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333344 The Tribunal allowed the appellant's appeal and deleted the penalty imposed under section 271(1)(c) for undisclosed income detected during survey proceedings. The Tribunal emphasized the lack of concrete evidence establishing deliberate concealment or furnishing of inaccurate particulars of income beyond the disclosed amount during the survey, highlighting the necessity for separate findings on concealment or inaccuracies. The penalty was deemed unjustified and subsequently deleted. Case-Laws Income Tax Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333344