https://www.taxtmi.com/caselaws?id=409612 The Tribunal dismissed the Revenue's appeal, upholding the Commissioner of Income-tax (Appeals)'s decision to delete the penalty. It was established that the assessee had provided all necessary details, and the discrepancy arose from the Assessing Officer allowing more depreciation than claimed. The Tribunal found no concealment of income or furnishing of inaccurate particulars, leading to the dismissal of the appeal. en-us Fri, 09 Jul 2021 00:00:00 +0530 Tue, 13 Jul 2021 10:36:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409612 The Tribunal dismissed the Revenue's appeal, upholding the Commissioner of Income-tax (Appeals)'s decision to delete the penalty. It was established that the assessee had provided all necessary details, and the discrepancy arose from the Assessing Officer allowing more depreciation than claimed. The Tribunal found no concealment of income or furnishing of inaccurate particulars, leading to the dismissal of the appeal. Case-Laws Income Tax Fri, 09 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409612