Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1989 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1989 (6) TMI 12 - HC - Income TaxExtract: .......itiated the penalty proceeding. In our view, on the facts of this case, the Tribunal has come to a correct conclusion. We, therefore, answer the first question in the negative and the second question in the affirmative, both in favour of the assessee and against the Revenue. There will be no order as to costs. BHAGABATI PRASAD BANERJEE J. -I agree.
|