https://www.taxtmi.com/highlights?id=63832 Penalty u/s 271(1)(c) - adjustment of the Short Term Capital Loss (STL) with Long Term Capital Gain (LTCG) - Non-disclosure of Dividened income - Assessee voluntarily filed the revised return duly disclosing the disallowance of the dividend in terms of Section 94(7) of the Act and revised its returned income - Tribunal has observed that it was a reasonable human error which could have been committed on the part of the Respondent - No penalty - HC en-us Thu, 02 Jun 2022 15:29:24 +0530 Thu, 02 Jun 2022 15:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63832 Penalty u/s 271(1)(c) - adjustment of the Short Term Capital Loss (STL) with Long Term Capital Gain (LTCG) - Non-disclosure of Dividened income - Assessee voluntarily filed the revised return duly disclosing the disallowance of the dividend in terms of Section 94(7) of the Act and revised its returned income - Tribunal has observed that it was a reasonable human error which could have been committed on the part of the Respondent - No penalty - HC Highlights Income Tax Thu, 02 Jun 2022 15:29:24 +0530 https://www.taxtmi.com/highlights?id=63832