Home
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1977 (6) TMI 43 - ITAT DELHI-BExtract: .......f s. 271(1)(c) of the IT Act, 1961. The levy of penalty of Rs. 10,000 on the assessee for the offence of concealment of income is therefore, unjustified. We accordingly delete it. 20. In the result both the appeals are allowed. 21. Except the grounds dealt with above, all the other grounds taken in the memo of appeals were not pressed as withdrawn.
|