https://www.taxtmi.com/caselaws?id=795426 A charitable society's fully disclosed but bona fide erroneous claim for full exemption of donations, where only partial exemption was admissible, did not establish under-reporting, misreporting, inaccurate particulars, mala fides, or a false claim. Penalty proceedings remain distinct from assessment proceedings, so rejection of an exemption claim alone cannot justify penal consequences. The Tribunal deleted the penalty. It also condoned a substantial filing delay because the affidavit established a bona fide bureaucratic delay beyond the society's control, with no deliberate attempt to gain an undue advantage, allowing adjudication on merits. en-us Tue, 30 Jun 2026 00:00:00 +0530 Wed, 22 Jul 2026 08:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795426 A charitable society's fully disclosed but bona fide erroneous claim for full exemption of donations, where only partial exemption was admissible, did not establish under-reporting, misreporting, inaccurate particulars, mala fides, or a false claim. Penalty proceedings remain distinct from assessment proceedings, so rejection of an exemption claim alone cannot justify penal consequences. The Tribunal deleted the penalty. It also condoned a substantial filing delay because the affidavit established a bona fide bureaucratic delay beyond the society's control, with no deliberate attempt to gain an undue advantage, allowing adjudication on merits. Case-Laws Income Tax Tue, 30 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795426