Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1975 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1975 (7) TMI 31 - HC - Income TaxExtract: .......s that penalty can be levied under section 271(1)(c) of the Income-tax Act, 1961, for non-disclosure of an income which is deemed to be an income under section 41(1) in case other conditions of that section are held to be satisfied. In view of the circumstances of this case, we leave the parties to bear their own costs. M. M. S. GUJRAL J.--I agree.
|