Section 271(1)(c) Penalty Unwarranted: Disallowing Deduction u/s 43B Isn't Concealment or Inaccurate Reporting. No Penalty Imposed.

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....Penalty levied u/s 271(1)(c) - the mere disallowance under section 43B would not amount to concealment of income or furnishing inaccurate particulars of income - no penalty.....