Sec. 271(1)(c) of Income Tax Act, 1961— Penalty —Concealment penalty — The penalty proceedings initiated are separate from the quantum assessments and if the assessee can prove in penalty proceedings that the additions in the quantum assessments are not warranted, necessarily, the penalty imposed has to be deleted and since the assessee has not been represented before the first appellate authority with regard to the penalty proceedings, in the interest of justice and equity, the assessee should be granted one more opportunity of being heard and the assessee shall cooperate with the Department and furnish necessary documents and evidences to prove its case—UNITED TROPICON VENEERS P. LTD. Vs. ASSTT. CIT  [2020] 78 ITR (TRIB) 299 (ITAT-COCHIN).