https://www.taxtmi.com/caselaws?id=27691 Penalty under section 271(1)(c) requires proof of conscious concealment or deliberate furnishing of inaccurate particulars. Where income had accrued on completion of work and submission of bills, the dispute and delayed payment did not by themselves establish concealment. The assessee had disclosed the dispute, had already begun litigation before filing the original return, and filed a revised return before any independent detection by the assessing authority. On those facts, the revised return was not a camouflage for suppression, and the penalty could not be sustained. en-us Mon, 09 Jan 1984 00:00:00 +0530 Mon, 15 Feb 2010 13:59:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27691 Penalty under section 271(1)(c) requires proof of conscious concealment or deliberate furnishing of inaccurate particulars. Where income had accrued on completion of work and submission of bills, the dispute and delayed payment did not by themselves establish concealment. The assessee had disclosed the dispute, had already begun litigation before filing the original return, and filed a revised return before any independent detection by the assessing authority. On those facts, the revised return was not a camouflage for suppression, and the penalty could not be sustained. Case-Laws Income Tax Mon, 09 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27691