https://www.taxtmi.com/highlights?id=46895 Penalty u/s 27(1)(c) - addition u/s 68/69 for cash deposit in bank account - penalty has been initiated on the charge of furnishing inaccurate particulars, but Ld.AO levied penalty on concealment of income - assessee was asked to explain penalty on one count whereas levy has been on other count - itself sufficient for quashing of penalty en-us Sat, 01 Jun 2019 07:56:07 +0530 Sat, 01 Jun 2019 07:56:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=46895 Penalty u/s 27(1)(c) - addition u/s 68/69 for cash deposit in bank account - penalty has been initiated on the charge of furnishing inaccurate particulars, but Ld.AO levied penalty on concealment of income - assessee was asked to explain penalty on one count whereas levy has been on other count - itself sufficient for quashing of penalty Highlights Income Tax Sat, 01 Jun 2019 07:56:07 +0530 https://www.taxtmi.com/highlights?id=46895