https://www.taxtmi.com/highlights?id=50694 Levy of penalty u/s 271(1)(c) - there was no specific charges as relates to concealment of income or furnishing of inaccurate particulars of income - There is separate provision for penalty in search cases given u/s 271AAB which was totally ignored by the Assessing Officer - Penalty deleted. en-us Fri, 13 Dec 2019 09:52:21 +0530 Fri, 13 Dec 2019 09:52:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=50694 Levy of penalty u/s 271(1)(c) - there was no specific charges as relates to concealment of income or furnishing of inaccurate particulars of income - There is separate provision for penalty in search cases given u/s 271AAB which was totally ignored by the Assessing Officer - Penalty deleted. Highlights Income Tax Fri, 13 Dec 2019 09:52:21 +0530 https://www.taxtmi.com/highlights?id=50694