https://www.taxtmi.com/caselaws?id=432873 The Tribunal directed the Assessing Officer to delete the penalty imposed under section 271(1)(c) of the Income Tax Act, as the additional income declared by the assessee was found not to be concealed. The penalty was deemed unjustified, and the appeal of the assessee was partly allowed. Order pronounced on 12-01-2023. en-us Thu, 12 Jan 2023 00:00:00 +0530 Mon, 16 Jan 2023 08:42:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432873 The Tribunal directed the Assessing Officer to delete the penalty imposed under section 271(1)(c) of the Income Tax Act, as the additional income declared by the assessee was found not to be concealed. The penalty was deemed unjustified, and the appeal of the assessee was partly allowed. Order pronounced on 12-01-2023. Case-Laws Income Tax Thu, 12 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432873