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TMI Blog2019 (1) TMI 1261X X X X Extracts X X X X X X X X Extracts X X X X ..... TDS made by the M/s HCL Technologies Ltd., then we may say that the assessee has concealed part of income or furnished inaccurate particulars of income. The very fact that the assessee has not claimed TDS made by the M/s HCL Technologies Ltd. shows that there was a reasonable cause on the part of the assessee in not disclosing the salary received from M/s HCL Technologies Ltd. Since the TDS was ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Tax (Appeals)-10, Chennai, dated 12.06.2018, confirming the penalty levied by the Assessing Officer under Section 271(1)(c) of the Income-tax Act, 1961 (in short 'the Act') for the assessment year 2011-12. 2. No one appeared for the assessee even though notice of hearing was issued to the assessee by RPAD. Therefore, we heard the Ld. Departmental Representative and proceeded to dispose ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ittedly disclosed only the income received from M/s Infosys Technologies Ltd. The assessee has not disclosed the salary received from HCL in the return of income. On a query from Bench, the Ld. D.R. submitted that the assessee has not claimed the TDS made by M/s HCL Technologies Ltd. The assessee explained before the Assessing Officer that he is not aware of provisions. However, the Assessing Offi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... see has concealed part of income or furnished inaccurate particulars of income. The very fact that the assessee has not claimed TDS made by the M/s HCL Technologies Ltd. shows that there was a reasonable cause on the part of the assessee in not disclosing the salary received from M/s HCL Technologies Ltd. Since the TDS was made by M/s HCL Technologies Ltd., the fact of salary received by the asses ..... X X X X Extracts X X X X X X X X Extracts X X X X
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