https://www.taxtmi.com/caselaws?id=422363 The appeal against the penalty imposed under section 271(1)(c) of the Income-tax Act for the assessment year 2013-14 was dismissed. The penalty was upheld as the appellant failed to rebut the findings of the Assessing Officer regarding inaccurate particulars furnished, involving a scheme of bogus donations and false certificates. The appellant's arguments regarding the penalty initiation and no inaccurate particulars were refuted, leading to the sustained penalty imposition based on legal decisions and precedents. en-us Wed, 11 May 2022 00:00:00 +0530 Fri, 13 May 2022 07:52:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422363 The appeal against the penalty imposed under section 271(1)(c) of the Income-tax Act for the assessment year 2013-14 was dismissed. The penalty was upheld as the appellant failed to rebut the findings of the Assessing Officer regarding inaccurate particulars furnished, involving a scheme of bogus donations and false certificates. The appellant's arguments regarding the penalty initiation and no inaccurate particulars were refuted, leading to the sustained penalty imposition based on legal decisions and precedents. Case-Laws Income Tax Wed, 11 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422363