ITAT Upholds Penalty for Income Concealment Despite Retracted Confession

Amandeep Singh Sran Vs DCIT (ITAT Delhi)

Introduction: The Income Tax Appellate Tribunal (ITAT) Delhi has upheld a penalty order against Amandeep Singh Sran under Section 271(1)(c) of the Income Tax Act for concealing income particulars. This article provides an overview of the case, details of the penalty proceedings, and the ITAT’s decision.

Detailed Analysis:

1. Background: Amandeep Singh Sran f

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