https://www.taxtmi.com/highlights?id=58975 Penalty levied u/s 271(1)(c) - disallowance of the deduction claimed by the assessee u/s 35 - AO has not brought out his case as to why penalty u/s.271(1)(c) of the Act should be levied for filing inaccurate particulars of income in the case of the assessee. Merely not challenging the additions made in the assessment order in an appeal, cannot be the ground for imposing penalty u/s.271(1)(c) of the Act. - AT en-us Thu, 29 Jul 2021 13:41:32 +0530 Thu, 29 Jul 2021 13:41:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58975 Penalty levied u/s 271(1)(c) - disallowance of the deduction claimed by the assessee u/s 35 - AO has not brought out his case as to why penalty u/s.271(1)(c) of the Act should be levied for filing inaccurate particulars of income in the case of the assessee. Merely not challenging the additions made in the assessment order in an appeal, cannot be the ground for imposing penalty u/s.271(1)(c) of the Act. - AT Highlights Income Tax Thu, 29 Jul 2021 13:41:32 +0530 https://www.taxtmi.com/highlights?id=58975