Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1988 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1988 (3) TMI 125 - AT - Income TaxExtract: ....... those which obtained in the case of Aggarwal Misthan Bhandar decided by the Hon ble Rajasthan High Court. On the basis of the entirety of the facts and the circumstances, therefore, we are of the considered view that no penalty was leviable in this case under s. 271(1)(C). The penalty is accordingly cancelled. 7. The appeal is accordingly allowed.
|