Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2008 (11) TMI 47 - HIGH COURT DELHI
Whether the Tribunal was correct in cancelling the penalty imposed by AO u/s 158 BFA (2), on the ground that the assessee himself had surrendered the amount and therefore it could not be said that the assessee had either concealed or furnished inaccurate particulars of income – Held that Tribunal was correct in law in cancelling the penalty, but tribunal was not required to consider the question of concealment of income and/ or furnishing of inaccurate particulars of income