https://www.taxtmi.com/highlights?id=33469 Penalty u/ 271(1)(c) - unexplained investment - assessee should have been careful cannot be doubted, but the absence of due care, in a case such as the present, does not mean that the assessee is guilty of either furnishing inaccurate particulars or attempting to conceal its income. - AT en-us Mon, 27 Feb 2017 10:47:22 +0530 Mon, 27 Feb 2017 10:47:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33469 Penalty u/ 271(1)(c) - unexplained investment - assessee should have been careful cannot be doubted, but the absence of due care, in a case such as the present, does not mean that the assessee is guilty of either furnishing inaccurate particulars or attempting to conceal its income. - AT Highlights Income Tax Mon, 27 Feb 2017 10:47:22 +0530 https://www.taxtmi.com/highlights?id=33469