1972 (9) TMI 5 - SUPREME COURT

Whether the proceedings for the imposition of penalty were properly commenced in the course of any proceedings under the Act as required by section 271 - Whether there was any material or evidence before the Tribunal to hold that the assessee had deliberately concealed particulars of his income or deliberately furnished inaccurate particulars of such income as required by section 271(1) (c) - appeal of assessee is dismissed