https://www.taxtmi.com/caselaws?id=791935 Penalty for concealment under section 271(1)(c) could not survive once the underlying quantum addition relating to section 80IA deduction had been deleted in the assessee's own case. The penalty was founded on the same addition made in assessment, and with that disallowance no longer surviving in appeal, there remained no basis to sustain any finding of concealment or tax sought to be evaded. The concealment penalty was therefore deleted, granting relief to the assessee. en-us Fri, 15 May 2026 00:00:00 +0530 Wed, 20 May 2026 08:31:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791935 Penalty for concealment under section 271(1)(c) could not survive once the underlying quantum addition relating to section 80IA deduction had been deleted in the assessee's own case. The penalty was founded on the same addition made in assessment, and with that disallowance no longer surviving in appeal, there remained no basis to sustain any finding of concealment or tax sought to be evaded. The concealment penalty was therefore deleted, granting relief to the assessee. Case-Laws Income Tax Fri, 15 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791935