Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2021 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2021 (2) TMI 792 - AT - Income TaxPenalty u/s 271(1)1(c) - addition of salary income - filling of revised return - HELD THAT:- As assessee failed to explain the reason behind the revised return having reduced the salary income from than in original return and that too, after due verification thereof. This has formed the precise reason for the Assessing Officer as well as the CIT(A) to hold the same as an instance of furnishing of inaccurate particulars of income - We are in complete agreement with the CIT(A)’s above extracted findings confirming impugned penalty. Assessee’s substantive ground fails.
|