Penalty u/s 271(1)(c) Unjustified Due to Taxpayer's Bona Fide Error; No Intent to Conceal Income Found.

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....It will be unjustified to impose penalty u/s 271(1)(c) as the assessee had only committed an undoubtful bona fide error and it certainly had no intention of concealing any income or furnishing inaccurate particulars of income - AT....