https://www.taxtmi.com/highlights?id=49770 Merely because additions made by the AO have been partially upheld by the CIT (A), would not confer the ground to initiate proceedings u/s 271(1)(c) of the Act of imposition of penalty, unless it is found that there is concealment of material facts, or furnishing of inaccurate particulars. en-us Thu, 17 Oct 2019 10:58:20 +0530 Thu, 17 Oct 2019 10:58:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49770 Merely because additions made by the AO have been partially upheld by the CIT (A), would not confer the ground to initiate proceedings u/s 271(1)(c) of the Act of imposition of penalty, unless it is found that there is concealment of material facts, or furnishing of inaccurate particulars. Highlights Income Tax Thu, 17 Oct 2019 10:58:20 +0530 https://www.taxtmi.com/highlights?id=49770