https://www.taxtmi.com/caselaws?id=284637 The Tribunal allowed the appeal of the assessee, deleting the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961. The Tribunal held that the penalty was unsustainable as it was imposed without specifying the charge of concealment or inaccurate particulars, as required by the law. Therefore, based on this technical ground, the penalty was deleted, and the appeal was allowed without addressing the merits of the case. en-us Fri, 29 Jun 2018 00:00:00 +0530 Sat, 30 Nov 2019 15:52:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284637 The Tribunal allowed the appeal of the assessee, deleting the penalty imposed under section 271(1)(c) of the Income Tax Act, 1961. The Tribunal held that the penalty was unsustainable as it was imposed without specifying the charge of concealment or inaccurate particulars, as required by the law. Therefore, based on this technical ground, the penalty was deleted, and the appeal was allowed without addressing the merits of the case. Case-Laws Income Tax Fri, 29 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284637