Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2012 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (11) TMI 1211 - ALLAHABAD HIGH COURTExtract: .......cts and circumstances in arriving at a finding that unless the explanation is found to be satisfactory, and by which the assessee may prove his bonafides, the penalty can be imposed, invoking Section 271 (1) (c) of the Act. 18. The question of law is decided against the assessee, and in favour of the revenue. 19. The Income Tax Appeal is dismissed.
|