https://www.taxtmi.com/caselaws?id=403016 The Tribunal at ITAT Hyderabad found that the penalty imposed under Section 271(1)(c) for furnishing inaccurate particulars of income was unwarranted in this case of inadvertent error by the auditor. Relying on legal precedents, the Tribunal concluded that inadvertent mistakes do not attract penal provisions. As a result, the penalty was deleted, and the appellant's appeal was allowed. en-us Tue, 05 Jan 2021 00:00:00 +0530 Mon, 18 Jan 2021 13:11:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403016 The Tribunal at ITAT Hyderabad found that the penalty imposed under Section 271(1)(c) for furnishing inaccurate particulars of income was unwarranted in this case of inadvertent error by the auditor. Relying on legal precedents, the Tribunal concluded that inadvertent mistakes do not attract penal provisions. As a result, the penalty was deleted, and the appellant's appeal was allowed. Case-Laws Income Tax Tue, 05 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403016