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2020 (4) TMI 785 - AT - Income TaxRectification u/s 254 - Levy of penalty u/s 271(1)(c) - whether the assessee is guilty of 'concealment of particulars of income' or 'furnishing of inaccurate particulars of such income' - HELD THAT:- In the penalty order, the AO has given a clear finding that the assessee is found guilty of furnishing inaccurate particulars of income to the extent of ₹ 17.80 lacs. Therefore, there is a clear and specific finding by the AO while passing the penalty and we thus see no mistake in the findings of the Tribunal in terms of incorrect appreciation of facts on record. Regarding suo-moto filing of revised computation, the matter has been duly dealt with by the Tribunal and relevant findings given at Para 11 of its order and we see no basis to interfere with the same as it would tantamount to review of the order of the Tribunal which is not permissible within the narrow compass of section 254(2) - Miscellaneous Application filed by the assessee is dismissed.
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