https://www.taxtmi.com/caselaws?id=387501 The Tribunal upheld the penalty imposed by the Assessing Officer under section 271(1)(c) of the Income Tax Act, confirming the disallowance of a false salary claim. The appellant's challenge against the penalty was dismissed, with the Tribunal emphasizing that the penalty was justified due to the appellant's misleading information regarding salary expenses. The Tribunal differentiated between estimation-based additions and false claims, ultimately affirming the penalty imposition in light of the specific circumstances of the case. en-us Mon, 23 Sep 2019 00:00:00 +0530 Thu, 24 Oct 2019 09:30:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387501 The Tribunal upheld the penalty imposed by the Assessing Officer under section 271(1)(c) of the Income Tax Act, confirming the disallowance of a false salary claim. The appellant's challenge against the penalty was dismissed, with the Tribunal emphasizing that the penalty was justified due to the appellant's misleading information regarding salary expenses. The Tribunal differentiated between estimation-based additions and false claims, ultimately affirming the penalty imposition in light of the specific circumstances of the case. Case-Laws Income Tax Mon, 23 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387501