https://www.taxtmi.com/caselaws?id=379377 The Tribunal concluded that the penalty under section 271(1)(c) for furnishing inaccurate particulars was not justified as there was no evidence proving false explanation by the assessee. The penalty was deleted, and the appeal of the assessee was allowed. en-us Tue, 30 Apr 2019 00:00:00 +0530 Thu, 02 May 2019 07:41:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379377 The Tribunal concluded that the penalty under section 271(1)(c) for furnishing inaccurate particulars was not justified as there was no evidence proving false explanation by the assessee. The penalty was deleted, and the appeal of the assessee was allowed. Case-Laws Income Tax Tue, 30 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379377