Disallowance of HO exp. doesn’t entail concealment penalty in absence of any inaccurate or wrong par

IT/ILT: Where there was no allegation from revenue's side that assessee either furnished inaccurate particulars or wrong facts or any details furnished by assessee were found to be false, imposition of concealment penalty on account of disallowance of head office expenses and interest to non-residents was unjustified