No Penalty Imposed: Section 271(1)(c) Error Deemed Inadvertent, Expertise Irrelevant in Income Tax Case.

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....Penalty u/s. 271(1)(c) - calibre and expertise of the assessee has little or nothing to do with the inadvertent error. Absence of due care, in a case such as the present does not mean that the assessed is guilty of either furnishing inaccurate particulars or attempting to conceal its income - no penalty - AT....