https://www.taxtmi.com/caselaws?id=354075 The High Court allowed the appeal and remitted the case back to the Tribunal for further examination of the concealment charge. The Court held that the Tribunal erred in solely setting aside the penalty order based on the technicality of non-specification of the charge. The High Court emphasized that concealment and furnishing inaccurate particulars could coexist in certain cases, but in this instance, the Tribunal had not properly adjudicated the issue of concealment. The Tribunal was directed to reconsider the matter within six months. en-us Tue, 19 Dec 2017 00:00:00 +0530 Mon, 27 Aug 2018 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354075 The High Court allowed the appeal and remitted the case back to the Tribunal for further examination of the concealment charge. The Court held that the Tribunal erred in solely setting aside the penalty order based on the technicality of non-specification of the charge. The High Court emphasized that concealment and furnishing inaccurate particulars could coexist in certain cases, but in this instance, the Tribunal had not properly adjudicated the issue of concealment. The Tribunal was directed to reconsider the matter within six months. Case-Laws Income Tax Tue, 19 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354075