Penalty Cannot Be levied for Inaccuracy if notice was for Concealment of Income

Shivaji Dattatray Sonawane Vs ITO (ITAT Pune)

Introduction: The ITAT Pune’s recent judgment in Shivaji Dattatray Sonawane vs ITO sheds light on a crucial tax dispute. The appellant contested that a penalty notice for concealment resulted in an inaccurate particulars penalty. Delve into the details of this case and its legal implications.

Detailed Analysis: The crux of the matter lies in the dichotomy between the notice for concealment of income and t

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