Dismissing the appeal of the Revenue the Court held that penalty proceedings had been initiated against assessee only on account of fact that deduction, which was claimed by assessee had been disallowed, Tribunal rightly deleted penalty levied by Assessing Officer under section 271(1)(c), as, making unsustainable claim could neither amount to concealment nor amount to furnishing inaccurate particulars of income. Order of Tribunal is affirmed. (AY. 2008-09)