https://www.taxtmi.com/caselaws?id=22261 In concealment penalty cases under the Explanation to section 271(1)(c) of the Income-tax Act, an appellate authority may sustain deletion where it independently examines and rejects each ground relied on for penalty. The Tribunal was not required to use a mechanical burden-of-proof formula so long as its reasoning addressed the specific penalty grounds and found them unsustainable. On that basis, the penalty did not survive and the cancellation was upheld in favour of the assessee. en-us Wed, 30 Jan 1991 00:00:00 +0530 Tue, 08 Dec 2009 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22261 In concealment penalty cases under the Explanation to section 271(1)(c) of the Income-tax Act, an appellate authority may sustain deletion where it independently examines and rejects each ground relied on for penalty. The Tribunal was not required to use a mechanical burden-of-proof formula so long as its reasoning addressed the specific penalty grounds and found them unsustainable. On that basis, the penalty did not survive and the cancellation was upheld in favour of the assessee. Case-Laws Income Tax Wed, 30 Jan 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22261