https://www.taxtmi.com/caselaws?id=397074 The Tribunal found the penalty imposed under section 271(1)(c) to be invalid due to the AO's failure to specify the exact charge of inaccurate particulars of income or concealment of income. The penalty was deleted, and the appeal of the assessee was allowed on technical grounds. en-us Thu, 30 Jul 2020 00:00:00 +0530 Sat, 01 Aug 2020 13:25:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397074 The Tribunal found the penalty imposed under section 271(1)(c) to be invalid due to the AO's failure to specify the exact charge of inaccurate particulars of income or concealment of income. The penalty was deleted, and the appeal of the assessee was allowed on technical grounds. Case-Laws Income Tax Thu, 30 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397074