Section 271(1)(c) of the Income Tax Act, 1961 — Penalty — Concealment Penalty — SLP granted against order of High court where it was held that since assessee claimed excess depreciation on machinery on the basis that machinery was of foreign origin but facts showed that such machinery was of Indian make, an excess claim was only withdrawn in view of action initiated by department, therefore, penalty under section 271 (1)(c) was justified — Sundaram Finance Ltd. vs Commissioner of Income Tax.