https://www.taxtmi.com/caselaws?id=768812 The HC upheld deletion of penalty u/s 271(1)(c) where book profit mismatch occurred due to data transmission error. The assessee, a government entity, voluntarily disclosed correct figures in Tax Audit Report uploaded on Income Tax Portal before scrutiny assessment commenced. The court found no concealment or inaccurate particulars submission as correct information was available throughout. Commissioner of Income Tax (Appeals) correctly determined the mismatch resulted from feeding mistake without mala fide intention, warranting penalty deletion. en-us Wed, 09 Apr 2025 00:00:00 +0530 Mon, 14 Apr 2025 08:36:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768812 The HC upheld deletion of penalty u/s 271(1)(c) where book profit mismatch occurred due to data transmission error. The assessee, a government entity, voluntarily disclosed correct figures in Tax Audit Report uploaded on Income Tax Portal before scrutiny assessment commenced. The court found no concealment or inaccurate particulars submission as correct information was available throughout. Commissioner of Income Tax (Appeals) correctly determined the mismatch resulted from feeding mistake without mala fide intention, warranting penalty deletion. Case-Laws Income Tax Wed, 09 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768812