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2008 (3) TMI 506 - ITAT DELHI
Extract:
.......sidered as concealment of particulars of income, under Explanation 1 to section 271(1)(c), penalty was not leviable. Thus, though on ground other than that decided by learned CIT(A), penalty under section 271(1)(c) is not attracted. We, therefore, cannot uphold the levy of penalty under section 271(1)(c). 14. In the result, the appeal is dismissed.