https://www.taxtmi.com/caselaws?id=793596 Penalty for concealment or furnishing inaccurate particulars was not attracted where salary income was subject to employer TDS but the employer failed to deposit the tax and issue the relevant certificate, causing non-credit in Form 26AS and delayed return filing. Repeated efforts to resolve the TDS mismatch supported the absence of deliberate concealment, so the salary-related penalty was deleted. A bona fide misunderstanding regarding taxability of cumulative interest for earlier years also negated concealment or inaccurate particulars in relation to the short disclosure of interest income; that penalty component was likewise deleted. Complete relief was granted from the penalty. en-us Wed, 17 Jun 2026 00:00:00 +0530 Fri, 19 Jun 2026 08:24:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793596 Penalty for concealment or furnishing inaccurate particulars was not attracted where salary income was subject to employer TDS but the employer failed to deposit the tax and issue the relevant certificate, causing non-credit in Form 26AS and delayed return filing. Repeated efforts to resolve the TDS mismatch supported the absence of deliberate concealment, so the salary-related penalty was deleted. A bona fide misunderstanding regarding taxability of cumulative interest for earlier years also negated concealment or inaccurate particulars in relation to the short disclosure of interest income; that penalty component was likewise deleted. Complete relief was granted from the penalty. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793596