Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1984 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1984 (1) TMI 25 - HC - Income TaxExtract: .......on its part and the assessee-firm could not be held to be guilty of conscious concealment of income while filing the original return in December, 1961. In that view of the matter, the second question is also answered in the negative, as we hold that the levy of penalty under s. 271(1)(c) was not justified in the facts and circumstances of the case.
|