https://www.taxtmi.com/caselaws?id=377174 The Appellate Tribunal allowed the appeal, pronouncing the order on 19th March 2019, based on the deletion of the penalty on legal grounds following established judicial precedents. The Tribunal found that the penalty proceedings were vitiated due to the lack of a specific charge against the assessee, emphasizing the distinction between furnishing inaccurate particulars of income and concealment of income. The decision was in favor of the assessee, with the Tribunal relying on legal principles and precedents to support the deletion of the penalty. en-us Tue, 19 Mar 2019 00:00:00 +0530 Mon, 25 Mar 2019 06:46:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377174 The Appellate Tribunal allowed the appeal, pronouncing the order on 19th March 2019, based on the deletion of the penalty on legal grounds following established judicial precedents. The Tribunal found that the penalty proceedings were vitiated due to the lack of a specific charge against the assessee, emphasizing the distinction between furnishing inaccurate particulars of income and concealment of income. The decision was in favor of the assessee, with the Tribunal relying on legal principles and precedents to support the deletion of the penalty. Case-Laws Income Tax Tue, 19 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377174