https://www.taxtmi.com/caselaws?id=788263 Where an assessee's omission in the original return stems from inadvertent computational errors and the assessee voluntarily and promptly files a revised computation during assessment that results in no discrepancy between the revised offered income and the income determined by the assessing officer, penalty for furnishing inaccurate particulars cannot be sustained; the penalty is deleted and the appeal allowed. The analysis emphasises that corrections made during assessment after notice, demonstrable mistakes (double claim, misclassification) and consistent supporting records establish absence of conscious or deliberate furnishing of inaccurate particulars and warrant benefit of doubt and relief from penalty. en-us Mon, 16 Mar 2026 00:00:00 +0530 Thu, 19 Mar 2026 08:59:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788263 Where an assessee's omission in the original return stems from inadvertent computational errors and the assessee voluntarily and promptly files a revised computation during assessment that results in no discrepancy between the revised offered income and the income determined by the assessing officer, penalty for furnishing inaccurate particulars cannot be sustained; the penalty is deleted and the appeal allowed. The analysis emphasises that corrections made during assessment after notice, demonstrable mistakes (double claim, misclassification) and consistent supporting records establish absence of conscious or deliberate furnishing of inaccurate particulars and warrant benefit of doubt and relief from penalty. Case-Laws Income Tax Mon, 16 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788263