https://www.taxtmi.com/caselaws?id=431277 The appellate tribunal allowed the appeal against the penalty imposed under section 271(1)(c) for alleged concealment of income, emphasizing that all relevant details were disclosed in the tax return. The tribunal also addressed the exclusion of the time period for filing the appeal during the COVID-19 pandemic and set aside the penalty imposed for the disallowance of capital expenditure. en-us Wed, 30 Nov 2022 00:00:00 +0530 Thu, 08 Dec 2022 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431277 The appellate tribunal allowed the appeal against the penalty imposed under section 271(1)(c) for alleged concealment of income, emphasizing that all relevant details were disclosed in the tax return. The tribunal also addressed the exclusion of the time period for filing the appeal during the COVID-19 pandemic and set aside the penalty imposed for the disallowance of capital expenditure. Case-Laws Income Tax Wed, 30 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431277