Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1990 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1990 (10) TMI 60 - HC - Income TaxExtract: .......ence of any material other than the fact that the explanation offered by the assessee was rejected, penalty under section 28(1)(c) of the 1922 Act (corresponding to section 271 (1) (c) of the present Act) cannot be imposed. Accordingly, the question referred is answered in the affirmative, i.e., in favour of the assessee and against the Department.
|