https://www.taxtmi.com/caselaws?id=371284 The Tribunal allowed the assessee's appeal, canceling the penalty imposed under Section 271(1)(c) for furnishing inaccurate particulars of income. The Tribunal found that the assessee had provided all relevant details and evidence, and the Assessing Officer failed to establish concealment or furnishing of inaccurate particulars through detailed inquiry. Therefore, the penalty was deemed unwarranted, and the assessee's appeal was successful. en-us Wed, 28 Nov 2018 00:00:00 +0530 Sat, 01 Dec 2018 12:42:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371284 The Tribunal allowed the assessee's appeal, canceling the penalty imposed under Section 271(1)(c) for furnishing inaccurate particulars of income. The Tribunal found that the assessee had provided all relevant details and evidence, and the Assessing Officer failed to establish concealment or furnishing of inaccurate particulars through detailed inquiry. Therefore, the penalty was deemed unwarranted, and the assessee's appeal was successful. Case-Laws Income Tax Wed, 28 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371284