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No penalty if it was for concealment income but levied for furnishing inaccurate details of income

September 14, 2018[2018] 97 taxmann.com 3 (Amritsar - Trib.) (TM)
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IT : Where satisfaction of Assessing Officer while initiating penalty proceedings under section 271(1)(c) is with regard to alleged concealment of income by assessee, whereas imposition of penalty is for 'concealment/furnishing inaccurate particulars of income', levy of penalty is not sustainable

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