https://www.taxtmi.com/caselaws?id=416479 The Tribunal concluded that there was no deliberate act of concealment by the assessee. The penalty under section 271(1)(c) was deemed not maintainable, and the AO was directed to delete the penalty. The appeal of the assessee was allowed, and the order was pronounced in the Court on 20/12/2021 at Ahmedabad. en-us Mon, 20 Dec 2021 00:00:00 +0530 Thu, 30 Dec 2021 08:32:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416479 The Tribunal concluded that there was no deliberate act of concealment by the assessee. The penalty under section 271(1)(c) was deemed not maintainable, and the AO was directed to delete the penalty. The appeal of the assessee was allowed, and the order was pronounced in the Court on 20/12/2021 at Ahmedabad. Case-Laws Income Tax Mon, 20 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416479