2019 (1) TMI 998

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....the assessee against the order dated 03.05.2018 of ld. CIT(A)-2,Jalandhar. 2. The only grievance of the assessee in this appeal relates to the confirmation of penalty levied by the AO u/s 271(1)(c) of the Income Tax Act, 1961 (hereinafter referred to as the Act) amounting to Rs. 1,69,073/-. 3. Facts of the case in brief are that the assessee filed the return of income on 16.07.2009 declaring an ....

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....r for concealing the particulars of income while the penalty was levied for furnishing the inaccurate particulars of income. Therefore, the penalty initiated was on different limb then the penalty levied. 6. In his rival submissions, the ld. DR strongly supported the orders of the authorities below. 7. I have considered the submissions of both the parties and perused the material available on th....