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2019 (10) TMI 605 - DELHI HIGH COURTPenalty u/s 271(1)(c) - HELD THAT:- CIT (A) has set aside the penalty imposed upon the respondent assessee u/s 271(1)(c) while observing that the AO had not been able to establish either any concealment of material fact, or furnishing of inaccurate particulars by the assessee and the Tribunal has affirmed the said finding of the CIT (A). The order passed by the AO in the relevant proceedings does not disclose as to what is the concealment of material fact, or furnishing of inaccurate particulars in respect whereof the penalty is sought to be imposed on the assessee. Merely because additions made by the AO have been partially upheld by the CIT (A), would not confer the ground to initiate proceedings u/s 271(1)(c) of the Act of imposition of penalty, unless it is found that there is concealment of material facts, or furnishing of inaccurate particulars. No question of law.
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