https://www.taxtmi.com/article/detailed?id=8715 Confirmation of penalty relied on the assessee being an AOP of large companies and on an assessment that the assessee was consciously aware and knowingly furnished inaccurate particulars. The author argues a company/AOP acts through human agents and a Return Preparer Team (RPT); errors may arise from interpretation or computation despite use of professionals and auditors. Therefore, attributing subjective knowledge or deliberate concealment to a corporate assessee because of its size or AOP status is an insufficient basis for sustaining the penalty without fuller factual and evidentiary enquiry. en-us Tue, 10 Sep 2019 06:00:01 +0530 Tue, 10 Sep 2019 06:00:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8715 Confirmation of penalty relied on the assessee being an AOP of large companies and on an assessment that the assessee was consciously aware and knowingly furnished inaccurate particulars. The author argues a company/AOP acts through human agents and a Return Preparer Team (RPT); errors may arise from interpretation or computation despite use of professionals and auditors. Therefore, attributing subjective knowledge or deliberate concealment to a corporate assessee because of its size or AOP status is an insufficient basis for sustaining the penalty without fuller factual and evidentiary enquiry. Articles Income Tax Tue, 10 Sep 2019 06:00:01 +0530 https://www.taxtmi.com/article/detailed?id=8715