https://www.taxtmi.com/caselaws?id=471166 Penalty for concealment or furnishing inaccurate particulars remained deleted because the factual circumstances did not justify interference with the Tribunal's decision. The assessee, a salaried individual, filed a return and paid assessed tax after reassessment notice; the Tribunal had cancelled the penalty after considering those facts. Whether a defect in the penalty show-cause notice, not raised before lower authorities, could be raised later was left open. No substantial question of law arose, so the Revenue's challenge failed and the penalty deletion stood. en-us Fri, 11 Sep 2020 00:00:00 +0530 Mon, 24 Aug 2026 11:22:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471166 Penalty for concealment or furnishing inaccurate particulars remained deleted because the factual circumstances did not justify interference with the Tribunal's decision. The assessee, a salaried individual, filed a return and paid assessed tax after reassessment notice; the Tribunal had cancelled the penalty after considering those facts. Whether a defect in the penalty show-cause notice, not raised before lower authorities, could be raised later was left open. No substantial question of law arose, so the Revenue's challenge failed and the penalty deletion stood. Case-Laws Income Tax Fri, 11 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471166