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2019 (5) TMI 1163 - HC - Income TaxPenalty u/s 271(1)(C) - claim u/s 80P denied - HELD THAT:- The above appeal arises out of a common order passed by the Income Tax Appellate Tribunal. Revenue came up with yet another appeal. The same was dismissed by another bench of this Court in Pr. CIT VERSUS M/S ELURU CO-OPERATIVE HOUSE MORTGAGE SOCIETY LIMITED [2018 (3) TMI 1765 - TELANGANA AND ANDHRA PRADESH HIGH COURT] stating that the mere fact that the respondent/assessee made a claim, even if found to be unjustified, would not amount to it furnishing any inaccurate particulars regarding its income, whereby a penalty can be levied u/s 271(1)(c) . Therefore, following the same, this appeal is also dismissed.
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