Sec. 153C & 271(1)(c) of the Income Tax Act, 1961 — Penalty — Concealment of income — Return having been revised much prior to the date of issuance of the notice under section 153C and the AO having nowhere recorded his satisfaction that the assessee had concealed particulars of income or furnished any inaccurate particulars of such income. There was no illegality in the order of the Tribunal to the effect that there was neither Concealment of income nor furnishing of any inaccurate particulars thereof and no penalty under section 271(1)(c) was leviable. Thus, the appeal of the revenue dismissed. SLP dismissed. - PR. CIT V/s PRABHJOT KAUR CHHABRA - [2020] 269 TAXMAN 034 (SC)