https://www.taxtmi.com/highlights?id=49904 Levy of penalty imposed u/s 271(1)(c) - disallowance of deductions u/s 43B - the same cannot be amounted to concealment of particulars of income or furnishing of inaccurate particulars of such income. - Merely because of the fact that the deductions claimed by the assessee have been disallowed the provisions contained u/s 271(1)(c) are not attracted. en-us Fri, 25 Oct 2019 15:37:58 +0530 Fri, 25 Oct 2019 15:37:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=49904 Levy of penalty imposed u/s 271(1)(c) - disallowance of deductions u/s 43B - the same cannot be amounted to concealment of particulars of income or furnishing of inaccurate particulars of such income. - Merely because of the fact that the deductions claimed by the assessee have been disallowed the provisions contained u/s 271(1)(c) are not attracted. Highlights Income Tax Fri, 25 Oct 2019 15:37:58 +0530 https://www.taxtmi.com/highlights?id=49904