https://www.taxtmi.com/caselaws?id=797863 Penalty for concealment or furnishing inaccurate particulars cannot survive where the sole underlying bad-debt disallowance has been deleted and that deletion stands confirmed. With no surviving tax addition, there is no basis to sustain penalty in respect of alleged concealment or inaccurate particulars linked to that addition. Penalty under Section 271(1)(c) was therefore deleted in favour of the assessee. en-us Wed, 19 Aug 2026 00:00:00 +0530 Fri, 28 Aug 2026 20:42:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797863 Penalty for concealment or furnishing inaccurate particulars cannot survive where the sole underlying bad-debt disallowance has been deleted and that deletion stands confirmed. With no surviving tax addition, there is no basis to sustain penalty in respect of alleged concealment or inaccurate particulars linked to that addition. Penalty under Section 271(1)(c) was therefore deleted in favour of the assessee. Case-Laws Income Tax Wed, 19 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797863