https://www.taxtmi.com/caselaws?id=421562 The Tribunal upheld the dismissal of the appeal by the assessee challenging the penalty imposition under section 271(1)(c) for concealment of income. The Tribunal found that the appeal was filed late without sufficient cause, and no condonation of delay application was submitted. Emphasizing the importance of timely filing and providing explanations, the Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) and stressed the necessity of meeting procedural requirements in tax matters to avoid adverse consequences in assessments and penalty proceedings. en-us Mon, 25 Apr 2022 00:00:00 +0530 Wed, 27 Apr 2022 08:31:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421562 The Tribunal upheld the dismissal of the appeal by the assessee challenging the penalty imposition under section 271(1)(c) for concealment of income. The Tribunal found that the appeal was filed late without sufficient cause, and no condonation of delay application was submitted. Emphasizing the importance of timely filing and providing explanations, the Tribunal upheld the decision of the Commissioner of Income Tax (Appeals) and stressed the necessity of meeting procedural requirements in tax matters to avoid adverse consequences in assessments and penalty proceedings. Case-Laws Income Tax Mon, 25 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421562