https://www.taxtmi.com/highlights?id=49262 Levy of penalty u/s 271(1)(c) - The assessee's specific case was that they were advised to file the return of income in a particular fashion and prior to the assessment proceedings, their Chartered Accountant had passed away and this had led to the mistake, which the AO pointed out during the assessment proceedings - penalty imposed by the AO and confirmed by the CIT(A) and ITAT is perverse and liable to be set aside - HC en-us Fri, 13 Sep 2019 07:34:47 +0530 Fri, 13 Sep 2019 07:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49262 Levy of penalty u/s 271(1)(c) - The assessee's specific case was that they were advised to file the return of income in a particular fashion and prior to the assessment proceedings, their Chartered Accountant had passed away and this had led to the mistake, which the AO pointed out during the assessment proceedings - penalty imposed by the AO and confirmed by the CIT(A) and ITAT is perverse and liable to be set aside - HC Highlights Income Tax Fri, 13 Sep 2019 07:34:47 +0530 https://www.taxtmi.com/highlights?id=49262