https://www.taxtmi.com/caselaws?id=278192 Penalty under section 271(1)(c) was not sustainable where the quantum addition turned on a genuinely debatable question of the existence of a permanent establishment and attribution of profits, and that issue remained sub judice before the Supreme Court. Since concealment or furnishing of inaccurate particulars was not established merely by an addition based on an unsettled legal issue, the penalty orders were deleted. en-us Thu, 15 Mar 2018 00:00:00 +0530 Thu, 17 Jan 2019 06:58:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278192 Penalty under section 271(1)(c) was not sustainable where the quantum addition turned on a genuinely debatable question of the existence of a permanent establishment and attribution of profits, and that issue remained sub judice before the Supreme Court. Since concealment or furnishing of inaccurate particulars was not established merely by an addition based on an unsettled legal issue, the penalty orders were deleted. Case-Laws Income Tax Thu, 15 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278192