https://www.taxtmi.com/highlights?id=73764 Penalty u/s 271(1)(c) levied - In the assessee’s case, the AO has not given any finding in assessment order that the assessee had concealed any income or furnished inaccurate particulars of such income. He had simply accepted the returned income u/s 148 - penalty u/s 271(1)(c) will not be imposable. - AT en-us Mon, 25 Dec 2023 16:07:32 +0530 Mon, 25 Dec 2023 16:07:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=73764 Penalty u/s 271(1)(c) levied - In the assessee’s case, the AO has not given any finding in assessment order that the assessee had concealed any income or furnished inaccurate particulars of such income. He had simply accepted the returned income u/s 148 - penalty u/s 271(1)(c) will not be imposable. - AT Highlights Income Tax Mon, 25 Dec 2023 16:07:32 +0530 https://www.taxtmi.com/highlights?id=73764