Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2008 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (1) TMI 909 - AT - Income TaxExtract: .......genuine impression of the assessee could not lead to concealment. The activity may be found to be mere construction in the instant case, apparently on merits the assessee did not challenge the findings. However, that does not mean that it automatically implies concealment on the part of the assessee. The penalties quashed. 5. The appeal is allowed.
|