https://www.taxtmi.com/caselaws?id=399108 The appeal was allowed, and the penalty under section 271(1)(c) for A.Y 2008-09 was deleted. The Tribunal found the penalty order invalid due to the lack of a specific charge for penalty imposition and confusion regarding the applicability of both charges of concealing income and furnishing inaccurate particulars of income. The jurisdictional High Court's ruling was followed, resulting in the deletion of the penalty. en-us Tue, 29 Sep 2020 00:00:00 +0530 Sat, 03 Oct 2020 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399108 The appeal was allowed, and the penalty under section 271(1)(c) for A.Y 2008-09 was deleted. The Tribunal found the penalty order invalid due to the lack of a specific charge for penalty imposition and confusion regarding the applicability of both charges of concealing income and furnishing inaccurate particulars of income. The jurisdictional High Court's ruling was followed, resulting in the deletion of the penalty. Case-Laws Income Tax Tue, 29 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399108