https://www.taxtmi.com/caselaws?id=278543 The Tribunal allowed the appeal, leading to the deletion of the penalty imposed under section 271(1)(c) of the Income Tax Act. The judgment emphasized the necessity of a specific charge for imposing a penalty, criticized the lack of clarity in the penalty order, and highlighted the differing burdens of proof for concealing income particulars versus furnishing inaccurate particulars. The decision was pronounced on 11/07/2016. en-us Mon, 11 Jul 2016 00:00:00 +0530 Tue, 12 Feb 2019 07:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278543 The Tribunal allowed the appeal, leading to the deletion of the penalty imposed under section 271(1)(c) of the Income Tax Act. The judgment emphasized the necessity of a specific charge for imposing a penalty, criticized the lack of clarity in the penalty order, and highlighted the differing burdens of proof for concealing income particulars versus furnishing inaccurate particulars. The decision was pronounced on 11/07/2016. Case-Laws Income Tax Mon, 11 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278543