https://www.taxtmi.com/caselaws?id=382138 The Tribunal overturned the CIT(A)'s decision and directed the AO to delete the penalty imposed under section 271(1)(c) for a wrong claim of TDS without offering corresponding income to tax. The Tribunal found that no concealment or inaccurate particulars were involved, emphasizing the absence of tax evasion necessary for penalty imposition. The penalty notices were issued mechanically without specifying charges, leading to the conclusion that the penalty was unjustified both technically and on merit grounds. The appeal of the assessee was allowed, highlighting the importance of following legal procedures in penalty imposition. en-us Wed, 19 Jun 2019 00:00:00 +0530 Tue, 25 Jun 2019 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382138 The Tribunal overturned the CIT(A)'s decision and directed the AO to delete the penalty imposed under section 271(1)(c) for a wrong claim of TDS without offering corresponding income to tax. The Tribunal found that no concealment or inaccurate particulars were involved, emphasizing the absence of tax evasion necessary for penalty imposition. The penalty notices were issued mechanically without specifying charges, leading to the conclusion that the penalty was unjustified both technically and on merit grounds. The appeal of the assessee was allowed, highlighting the importance of following legal procedures in penalty imposition. Case-Laws Income Tax Wed, 19 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382138