https://www.taxtmi.com/caselaws?id=337914 The appellate tribunal upheld the penalty imposed on the assessee under section 271(1)(c) of the Income Tax Act for furnishing inaccurate particulars of income. The tribunal emphasized the importance of disclosing all income-related facts and establishing the bona fide nature of explanations offered. The appeal filed by the assessee was dismissed, affirming the penalty imposition. en-us Wed, 18 Jan 2017 00:00:00 +0530 Fri, 20 Jan 2017 07:26:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337914 The appellate tribunal upheld the penalty imposed on the assessee under section 271(1)(c) of the Income Tax Act for furnishing inaccurate particulars of income. The tribunal emphasized the importance of disclosing all income-related facts and establishing the bona fide nature of explanations offered. The appeal filed by the assessee was dismissed, affirming the penalty imposition. Case-Laws Income Tax Wed, 18 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337914