https://www.taxtmi.com/caselaws?id=358687 The ITAT dismissed the revenue's appeal, upholding the CIT(A)'s decision to delete the penalty under section 271(1)(c) in both issues based on the lack of evidence of concealment or inaccurate particulars and the absence of independent inquiry by the assessing officer. en-us Fri, 13 Apr 2018 00:00:00 +0530 Tue, 17 Apr 2018 06:24:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358687 The ITAT dismissed the revenue's appeal, upholding the CIT(A)'s decision to delete the penalty under section 271(1)(c) in both issues based on the lack of evidence of concealment or inaccurate particulars and the absence of independent inquiry by the assessing officer. Case-Laws Income Tax Fri, 13 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358687