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1973 (10) TMI 14 - RAJASTHAN HIGH COURT
Unexpected receipt found after furnishing of estimate of income by assessee - " Whether, on the facts and in the circumstances of the case, the levy of penalty of Rs. 2,500 on the assessee under section 18A(9) read with section 28(1)(c) of the Act was valid in law? " - Held that levy of penalty of Rs. 2,500 on the assessee under section 18A(9) read with section 28(1)(c) of the Act was not valid in law.