Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2011 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (12) TMI 373 - HC - Income TaxRevision application - concealment of Income - penalty proceedings initiated u/s 271(1)(c) by the Department, was quashed by ITAT - Held that:- Once the finding of the assessing authority that the assessee made a false statement is set aside by ITAT the criminal proceedings would not be sustainable because the finding of the ITAT is conclusive. See H. T. Power Structure Pvt. Ltd. v. R. P. Sharma [2007 (9) TMI 206 - GUJRAT HIGH COURT] - All revision applications are dismissed.
|