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2004 (12) TMI 69 - HC - Income TaxPenalty for concealment of income – applicant had not produced 6R vouchers on the ground that it has been lost and misplaced and he wanted to take the benefit/advantage of the fact that the said vouchers had been produced before the sales tax authorities who have accepted his books of account - It was incumbent upon the applicant to produce 6R vouchers before the income-tax authorities as well if he wanted to show that he had not concealed the particulars of his turnover - Aapplicant had failed to discharge the onus which lay upon him under the Explanation to section 271(1)(c) – penalty is leviable
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