https://www.taxtmi.com/caselaws?id=337659 The Tribunal upheld the CIT(A)'s decision to delete the penalty under Section 271(1)(c), finding no deliberate attempt by the assessee to conceal income or furnish inaccurate particulars. The genuineness of the expenditure was established, and the provisions of Section 194H/194C were deemed inapplicable. The appeal filed by the Revenue was dismissed. en-us Mon, 05 Sep 2016 00:00:00 +0530 Wed, 11 Jan 2017 20:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337659 The Tribunal upheld the CIT(A)'s decision to delete the penalty under Section 271(1)(c), finding no deliberate attempt by the assessee to conceal income or furnish inaccurate particulars. The genuineness of the expenditure was established, and the provisions of Section 194H/194C were deemed inapplicable. The appeal filed by the Revenue was dismissed. Case-Laws Income Tax Mon, 05 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337659