Dismissing the appeal of the Revenue the Court held that there was no intention of furnishing any inaccurate particulars or concealment of income . Mere mistake while up loading the return , levy of penalty is not justified . ( AY. 2010 -11)
PCIT v. Pinstorm Technologis Pvt Ltd ( 2024 ) 158 taxmann.com 511 ( Bom)( HC)
S. 271(1)(c) : Penalty – Concealment -Tax audit report mentioned the disallowance of expenses -Mistake while uploading the return -Department appeal is dismissed . [ S. 139, 260A, 274 ]
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