https://www.taxtmi.com/highlights?id=72442 Penalty u/s. 271(1)(c) - the assessee ought to have been visited with the penalty on the charge of furnishing of inaccurate particulars of income. As against that, the penalty order was passed with reference to both, namely, furnishing of inaccurate particulars of income and concealment as well. Under these circumstances, we are satisfied that the order passed by the ld. CIT(A) cannot be sustained. - No penalty - AT en-us Mon, 09 Oct 2023 08:41:51 +0530 Mon, 09 Oct 2023 08:41:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72442 Penalty u/s. 271(1)(c) - the assessee ought to have been visited with the penalty on the charge of furnishing of inaccurate particulars of income. As against that, the penalty order was passed with reference to both, namely, furnishing of inaccurate particulars of income and concealment as well. Under these circumstances, we are satisfied that the order passed by the ld. CIT(A) cannot be sustained. - No penalty - AT Highlights Income Tax Mon, 09 Oct 2023 08:41:51 +0530 https://www.taxtmi.com/highlights?id=72442