Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1967 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1967 (7) TMI 58 - MADRAS HIGH COURTWhether the Tribunal was right in law in deleting the penalty levied u/s 28(1)(c) - finding of concealment or furnishing of inaccurate particulars cannot be founded merely on the fact that a certain explanation in regard to credits in the account has been offered by an assessee, which the revenue is not prepared to accept - hence question is answered in affirmitive in favour of assessee
|