IN THE HIGH COURT OF DELHI AT NEW DELHI 
 #2 
 . 
         ITA 1459/2010  
 . 
 . 
 COMMISSIONER OF INCOME TAX                          ..... Appellant 
 Through       Mrs. Prem Lata Bansal, Adv. 
 . 
 versus 
 . 
 . 
 RAJEDEV SINGH and CO.                                       ..... 
 Respondent 
 Through       None 
 . 
 . 
 CORAM: 
 HON?BLE THE CHIEF JUSTICE 
 HON'BLE MR. JUSTICE MANMOHAN 
 . 
 O R D E R 
                      27.09.2010 
 . 
 The present appeal is directed against the order dated 11th September, 
 2009 passed by the Income Tax Appellate Tribunal, Delhi Bench ?C? (for short 
 ?the tribunal?) in ITA No. 1287/Del/2008 pertaining to the assessment year 1997- 
 98 whereby the tribunal has given the stamp of approval to the order passed by 
 the CIT (A) whereby the first appellate authority has set aside the order passed 
 by the Assessing Officer under Section 271(1)(c) of the Act on many a ground. 
 . 
 ITA No.1459/2010                                                         page 1 
 of 7 
 . 
 . 
 We have heard Mrs. Prem Lata Bansal, learned counsel for the revenue on 
 the question of admission.  It is submitted by Mrs. Bansal that the first 
 appellate authority as well as the tribunal has gone wrong by expressing the 
 opinion that there has been no submission of inaccurate particulars by the 
 assessee.  To appreciate the aforesaid submission of Mrs. Bansal, we have 
 carefully perused the orders passed by the CIT(A) and that of the tribunal.  On 
 scrutiny of the order of the CIT(A) it is noticeable that the first appellate 
 authority had taken note of the submission canvassed by the assessee that it had 
 explained in detail the terms of the agreement that it had entered into with the 
 labour union on 7th August, 1997, the backlog of the arrears of wages from the 
 period from 1st January, 1996 to 31st March, 1997 and the factum that the 
 Assessing Officer had allowed the claim of deduction amounting to Rs.22.75 lakhs 
 in the assessment order framed under Section 143(3) of the Act.  The first 
 appellate authority has held that all the information was supplied and the 
 Assessing Officer had applied its mind to the settlement arrived at between the 
 labour union and the workmen and further the Assessing Officer had accepted the 
 explanation but thereafter reopened the assessment under Section 148 of the Act. 
 In this background,  the  CIT(A) has held that though the first appellate 
 authority on earlier 
 . 
 ITA No.1459/2010                                                         page 2 
 of 7 
 occasion had concurred with the order passed by the Assessing Officer which 
 disallowed the claim of Rs.22.75 lakhs in quantum appeal but the same could not 
 be a ground to impose penalty.  We think it appropriate to reproduce a passage 
 from the order passed by the CIT(A) ? 
 ?Every income which has escaped assessment cannot attract provisions of Section 
 271(1)(c).  In fact the AO had initiated proceedings u/s 154 which clearly show 
 that he had arrived at a considered conclusion that the matter lies within the 
 ambit of rectification.  The addition made by the AO and its subsequent 
 confirmation by the CIT(A) does not change the fact that the appellant had 
 disclosed all the relevant facts in their notes to the balance sheet also during 
 the course of assessment proceedings vide their letter dated 19.1.2000.  On the 
 above circumstances it cannot be said that the appellant had furnished 
 inaccurate particulars of income, or had concealed particulars of income. 
 Therefore, imposition of penalty u/s 271(1)(c) cannot be upheld.  Therefore, the 
 AO is directed to delete the penalty.? 
 . 
 The said passage has been adequately dealt with by the tribunal and given 
 acceptance.  In this regard, we may profitably refer to the decision in 
 Commissioner of Income Tax v. Reliance Petroproducts Pvt. Ltd., (2010) 322 ITR 
 158 (SC) wherein the Apex Court has held thus ? 
 ?9.       Therefore, it is obvious that it must be shown that the conditions 
 under Section 271(1)(c) must exist before the penalty is imposed.  There can be 
 no dispute that everything would depend upon the return filed because that is 
 the only document, where the assessee can furnish the particulars of his income. 
 When such particulars are found to be inaccurate, the liability would arise.  In 
 Dilip N. Shroff  v.  Joint CIT [2007] 6 
 . 
 ITA No.1459/2010                                                         page 3 
 of 7 
 SCC 329, this Court explained the terms ?concealment of income? and ?furnishing 
 inaccurate particulars?.  The Court went on to hold therein that in order to 
 attract the penalty under Section 271(1)(c), mens rea was necessary, as 
 according to the Court, the word ?inaccurate? signified a deliberate act or 
 omission on behalf of the assessee.  It went on to hold that clause (iii) of 
 section 271(1)(c) provided for   a   discretionary  jurisdiction  upon the 
 . 
 . 
 assessing authority, inasmuch as the amount of penalty could not be less than 
 the amount  of  tax  sought  to  be  evaded  by         reason of such 
 concealment of particulars of income, but it may not exceed three times thereof. 
 It was pointed out that the term ?inaccurate particulars? was not defined 
 anywhere in the Act and, therefore, it was held that furnishing of an assessment 
 of the value of the property may not   by itself   be furnishing inaccurate 
 particulars.  It was further held that the Assessing Officer must be found to 
 have failed to prove that his explanation is not only not bona fide but all the 
 facts  relating to the same and material to the computation of his income were 
 not disclosed by him.  It was then held that the explanation must be preceded by 
 a finding as to how and in what manner, the assessee had furnished the 
 particulars of his income.   The Court ultimately went on to hold that the 
 element of mens rea was essential.  It was only on the point of mens rea that 
 the        judgment in Dilip N. Shroff v. Joint CIT was upset.  In  Union  of 
 India v. Dharamendra Textile Processors, after quoting from section 271 
 extensively and also considering section 271(1)(c), the Court came to the 
 conclusion that since Section 271(1)(c) indicated  the element of strict 
 liability on the assessee for the concealment or for giving inaccurate 
 particulars while filing return, there was no necessity of mens rea.  The court 
 went on to hold that the objective behind the enactment of Section 271(1)(c) 
 read with Explanations indicated with the said section was for providing remedy 
 for loss of revenue and such a penalty was a civil liability and, therefore, 
 willful concealment is not an essential ingredient for  attracting  civil 
 liability  as   was   the case in the matter of prosecution under Section 276C 
 of the Act.   The 
 . 
 ITA No.1459/2010                                                         page 4 
 of 7 
 basic reason why decision in Dilip N. Shroff v. Joint CIT was overruled by this 
 Court in Union of India v. Dharamendra Textile Processors, was that according to 
 this Court the effect and difference between Section 271(1)(c) and Section 276C 
 of the Act was lost sight of in the case of Dilip Shroff v. Joint CIT.  However, 
 it must be pointed out that in Union of India v. Dharamendra Textile Processors, 
 no fault was found with the reasoning in the decision in Dilip N. Shroff v. 
 Joint CIT, where the court explained the meaning of the terms ?conceal? and 
 ?inaccurate?.  It was only the ultimate inference in Dilip N. Shroff v. Joint 
 CIT to the effect that mens rea was an essential ingredient for the penalty 
 under Section 271(1)(c) that the decision in Dilip N. Shroff v. Joint CIT was 
 overruled. 
 . 
 10.       We are not concerned in the present case with the mens rea.  However, 
 we have to only see as to whether in this case, as a matter of fact, the 
 assessee has given inaccurate particulars.  In Webster?s Dictionary, the word 
 ?inaccurate? has been defined as: 
 . 
 ?not accurate, not exact or correct; not according to truth; erroneous; as an 
 inaccurate statement, copy or transcript.? 
 . 
 11.       We have already seen the meaning of the word ?particulars? in the 
 earlier part of this judgment.  Reading the words in conjunction, they must mean 
 the details supplied in the return, which are not accurate, not exact or 
 correct, not according to truth or erroneous.  We must hasten to add here that 
 in this case, there is no finding that any details supplied by the assessee in 
 its return were found to be incorrect or erroneous or false.  Such not being the 
 case, there would be no question of inviting the penalty under section 271(1)(c) 
 of the Act.  A mere making of the claim, which is not sustainable in law, by 
 itself, will not amount to furnishing inaccurate particulars regarding the 
 . 
 . 
 income of the assessee.  Such claim made in the return cannot amount to the 
 inaccurate particulars. 
 . 
 . 
 ITA No.1459/2010                                                         page 5 
 of 7 
 12       It was tried to be suggested that section 14A of the Act specifically 
 excluded the deductions in respect of the expenditure incurred by the assessee 
 in relation to income which does not form part of the total income under the 
 Act.  It was further pointed out that the dividends from the shares did not form 
 the part of the total income.  It was, therefore, reiterated before us that the 
 Assessing officer had correctly reached the conclusion that since the assessee 
 had claimed excessive deductions knowing that they are incorrect; it amounted to 
 concealment of income.  It was tried to be argued that the falsehood in accounts 
 can take either of the two forms; (i) an item of receipt may be suppressed 
 fraudulently; (ii) an item of expenditure may be falsely (or in an exaggerated 
 amount) claimed, and both types attempt to reduce the taxable income and, 
 therefore, both types amount to concealment of particulars of one?s income as 
 well as furnishing of inaccurate particulars of income.  We do not agree, as the 
 assessee had furnished all the details of its expenditure as well as income in 
 its return, which details, in themselves, were not found to be inaccurate nor 
 could be viewed as the concealment of income on its part.  It was up to the 
 authorities to accept its claim in the return or not.  Merely because the 
 assessee had claimed the expenditure, which claim was not accepted or was not 
 acceptable to the revenue, that by itself would not, in our opinion, attract the 
 penalty under section 271 (1)(c).  If we accept the  contention of the Revenue 
 then in case of every return where the claim made is not accepted by the 
 Assessing Officer for any reason, the assessee will invite penalty under section 
 271(1)(c).  That is clearly not the intendment of the Legislature.? 
 . 
 In our considered opinion, if the obtaining fact situation is tested on 
 the anvil of the aforesaid enunciation of law, we have no trace of doubt that 
 the  assessee  had  disclosed  the  amount  in  entirety,  produced  the books 
 . 
 ITA No.1459/2010                                                         page 6 
 of 7 
 of accounts and claimed deduction which was allowed and thereafter there was a 
 re-assessment.  If the totality of facts are taken into consideration then 
 imposition of penalty is not justified and, therefore, the forums below have 
 interfered. 
 In view of the aforesaid, we do not perceive any substantial question of 
 law being involved in the appeal and, accordingly, the appeal stands dismissed 
 in limine. 
 . 
 . 
 CHIEF JUSTICE 
 . 
 . 
 . 
 SEPTEMBER 27, 2010                                   MANMOHAN, J 
 kapil 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 . 
 ITA No.1459/2010                                                         page 7 
 of 7