https://www.taxtmi.com/caselaws?id=391298 The Tribunal allowed the appeal, directing the deletion of the penalty imposed on the undisclosed salary income of Rs. 70,000. The decision was based on the absence of incriminating material linking the assessee to the omitted income during section 153A proceedings, rendering the penalty under Explanation 5A to section 271(1)(c) unjustified. en-us Thu, 09 Jan 2020 00:00:00 +0530 Fri, 24 Jan 2020 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391298 The Tribunal allowed the appeal, directing the deletion of the penalty imposed on the undisclosed salary income of Rs. 70,000. The decision was based on the absence of incriminating material linking the assessee to the omitted income during section 153A proceedings, rendering the penalty under Explanation 5A to section 271(1)(c) unjustified. Case-Laws Income Tax Thu, 09 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391298