https://www.taxtmi.com/caselaws?id=781539 ITAT DEHRADUN held that the penalty under s.271(1)(c) stood validly initiated by a notice dated 02/12/2024 specifying the limb "concealed the particulars of income," and dismissed Ground No.1 of the taxpayer. However, the Tribunal deleted the portion of penalty attributable to estimated income-finding penalties cannot be sustained solely on estimated income-while sustaining any remaining penalty attributable to other income. Appeal was therefore partly allowed. en-us Fri, 14 Nov 2025 00:00:00 +0530 Mon, 17 Nov 2025 08:36:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781539 ITAT DEHRADUN held that the penalty under s.271(1)(c) stood validly initiated by a notice dated 02/12/2024 specifying the limb "concealed the particulars of income," and dismissed Ground No.1 of the taxpayer. However, the Tribunal deleted the portion of penalty attributable to estimated income-finding penalties cannot be sustained solely on estimated income-while sustaining any remaining penalty attributable to other income. Appeal was therefore partly allowed. Case-Laws Income Tax Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781539