https://www.taxtmi.com/caselaws?id=471242 Penalty orders for concealment or inaccurate particulars require a reasoned factual adjudication of each underlying disallowance or addition. Where the appellate order does not discuss the factual basis of alleged unexplained expenditure, administrative expenses, payments to doctors, enhanced unexplained expenditure and other disallowances, the penalty cannot be examined on merits. The penalty orders were set aside and remitted for fresh issue-wise adjudication through speaking orders. en-us Fri, 05 Mar 2021 00:00:00 +0530 Wed, 26 Aug 2026 14:46:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471242 Penalty orders for concealment or inaccurate particulars require a reasoned factual adjudication of each underlying disallowance or addition. Where the appellate order does not discuss the factual basis of alleged unexplained expenditure, administrative expenses, payments to doctors, enhanced unexplained expenditure and other disallowances, the penalty cannot be examined on merits. The penalty orders were set aside and remitted for fresh issue-wise adjudication through speaking orders. Case-Laws Income Tax Fri, 05 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471242