S. 271(1)(c): Penalty-Concealment-Estimate of income at 20 % of receipts-Levy of penalty is not valid [S. 44BBB]

S. 271(1)(c) : Penalty-Concealment-Notice not specifying the charge for which penalty was being levied-Levy of penalty is not justified.

S. 271(1)(c) : Penalty-Concealment-Inaccurate particulars of income-Deemed dividend taxed in the hands of assessee-Question in whose hands dividend to be taxed-cannot be subject matter of penalty for irregular particulars of income-Penalty levied incorrect. [2(22)(e)]

S. 271(1)(c): Penalty-Concealment-Penalty notice not specific whether it is a Concealment of income of furnishing of incorrect particulars of income-No intention of making inaccurate gains by assessee-Deletion of penalty is held to be justified.[S. 274]

S. 271(1)(c) : Penalty-Concealment-Addition deleted-Income deleted by Tribunal could not be held as considered for imposition of penalty.[S.274]

S. 271(1)(c) : Penalty-Concealment-Transfer pricing-Conducted detailed functions, assets and risk analysis of international transactions-Documentations not rejected-Penalty not warranted. [S. 92C, 92D R.10D]

S. 271(1)(c) : Penalty-Concealment-Additional evidence-Capital asset-Failure to declare capital gain-Land outside 8 Km-Penalty order set aside-Mater remanded. [S.2(14)(iii)), 275 (1) (C).]

S. 271(1)(c) : Penalty-Concealment-Interest-Donation-of small sums-Penalty not leviable merely because receipts could not be located. [S. 37(1), 80G]

S. 271(1)(c) : Penalty-Concealment-Neither Assessment order nor penalty notice specifying whether proceedings initiated for concealment of income or filing inaccurate particulars of income-Penalty is not valid [S. 274]

S. 271(1)(c) : Penalty-Concealment-Difference between interest declared in books and Form 26AS-levy of penalty is not justified [Form, 26AS]