https://www.taxtmi.com/caselaws?id=386801 The Tribunal partly allowed the appeal, directing the AO to restrict the penalty to 100% of the difference between the revised and original income, excluding specific disallowances. The order emphasized the importance of accurate returns and upheld the penalty for deliberate concealment of income, concluding that the appellant failed to furnish true particulars of income intentionally. en-us Mon, 30 Sep 2019 00:00:00 +0530 Wed, 09 Oct 2019 07:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386801 The Tribunal partly allowed the appeal, directing the AO to restrict the penalty to 100% of the difference between the revised and original income, excluding specific disallowances. The order emphasized the importance of accurate returns and upheld the penalty for deliberate concealment of income, concluding that the appellant failed to furnish true particulars of income intentionally. Case-Laws Income Tax Mon, 30 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386801