https://www.taxtmi.com/highlights?id=57191 Levy of penalty u/s 271(1)(c) - Filing of revised return offering an additions sum after initiating enquiry proceedings after the expiry of permissible period - Once we have found that the revised return cannot have the effect of effacing the original return, it is explicit that concealment of the particulars of income and furnishing of inaccurate particulars of income were revealed to the assessing officer in the course of proceedings under the Act - Levy of penalty confirmed - HC en-us Tue, 16 Mar 2021 12:26:45 +0530 Tue, 16 Mar 2021 12:26:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57191 Levy of penalty u/s 271(1)(c) - Filing of revised return offering an additions sum after initiating enquiry proceedings after the expiry of permissible period - Once we have found that the revised return cannot have the effect of effacing the original return, it is explicit that concealment of the particulars of income and furnishing of inaccurate particulars of income were revealed to the assessing officer in the course of proceedings under the Act - Levy of penalty confirmed - HC Highlights Income Tax Tue, 16 Mar 2021 12:26:45 +0530 https://www.taxtmi.com/highlights?id=57191