https://www.taxtmi.com/caselaws?id=472272 Disallowance of genuine expenditure solely for failure to deduct tax at source does not, without more, establish concealment or furnishing of inaccurate particulars. Where the relevant particulars were disclosed and the expenditure claim was not found non-genuine, the technical tax-deduction default triggers statutory disallowance but does not make the disclosed claim inaccurate. Penalty for furnishing inaccurate particulars is therefore not leviable merely because expenditure is disallowed for non-deduction of tax at source. en-us Thu, 29 Aug 2019 00:00:00 +0530 Tue, 06 Oct 2026 14:35:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472272 Disallowance of genuine expenditure solely for failure to deduct tax at source does not, without more, establish concealment or furnishing of inaccurate particulars. Where the relevant particulars were disclosed and the expenditure claim was not found non-genuine, the technical tax-deduction default triggers statutory disallowance but does not make the disclosed claim inaccurate. Penalty for furnishing inaccurate particulars is therefore not leviable merely because expenditure is disallowed for non-deduction of tax at source. Case-Laws Income Tax Thu, 29 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472272