https://www.taxtmi.com/caselaws?id=293244 The Tribunal ruled in favor of the assessee, emphasizing the inadvertent nature of the mistake and the absence of deliberate intent to conceal income. Citing the Price Water Coopers Pvt Ltd case, the Tribunal concluded that no penalty was warranted. The AO was directed to delete the entire penalty, and the assessee's appeal was allowed. en-us Tue, 20 Aug 2019 00:00:00 +0530 Tue, 02 Feb 2021 14:02:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293244 The Tribunal ruled in favor of the assessee, emphasizing the inadvertent nature of the mistake and the absence of deliberate intent to conceal income. Citing the Price Water Coopers Pvt Ltd case, the Tribunal concluded that no penalty was warranted. The AO was directed to delete the entire penalty, and the assessee's appeal was allowed. Case-Laws Income Tax Tue, 20 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293244