The appeals are dismissed
Bench: ARAVIND KUMAR,N.KUMAR
section 271. For starting the penalty proceedings under this clause, the condition precedent is that the Assessing Officer must be satisfied that a person has concealed particulars of his income or furnished inaccurate particulars of such income. 51 The ingredients which go to make up the conditions precedent to the infliction of penalty are: (i) the Assessing Officer