Sec. 271(1)(c) of the Income-tax Act, 1961 - Penalty – High Court dismissed the tax appeal of the revenue holding that ”the assessee has disclosed all the details and there is no concealment of any particulars of income. In such view of the matter, no penalty u/s. 271(1)(c) is leviable in this respect, which in our considered view, has rightly been deleted by the CIT(A)". Revenue filed SLP. Time granted to the revenue to file for filing paper book. - CIT V/s HIRALAL AMRITLAL PAREKH & CO. - [2020] 272 TAXMAN 096 (SC)