https://www.taxtmi.com/highlights?id=52488 Penalty u/s 271(1)(c) - Whether 'mens rea' or deliberate attempt is not essential for levy of penalty - A mere making of the claim, which is not sustainable in law, by itself, will not amount to furnishing inaccurate particulars regarding the income of the assessee. Such a claim made in the return cannot amount to furnishing the inaccurate particulars. - HC en-us Sat, 21 Mar 2020 13:16:54 +0530 Sat, 21 Mar 2020 13:16:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52488 Penalty u/s 271(1)(c) - Whether 'mens rea' or deliberate attempt is not essential for levy of penalty - A mere making of the claim, which is not sustainable in law, by itself, will not amount to furnishing inaccurate particulars regarding the income of the assessee. Such a claim made in the return cannot amount to furnishing the inaccurate particulars. - HC Highlights Income Tax Sat, 21 Mar 2020 13:16:54 +0530 https://www.taxtmi.com/highlights?id=52488