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2005 (10) TMI 41 - HC - Income Tax"Whether, on the facts and in the circumstances of the case, the Tribunal is right in law in deleting the penalty levied under section 271(1)(c) on the concealed income of Rs. 26,853 to which the assessee had agreed for disallowance?" - As can be seen from the impugned order of the Tribunal, it has recorded findings of fact as to the admission made by the assessee and the bona fides of the assessee. The facts as such are not disputed. Nothing has been brought on record by the Revenue to suggest that the finding that the assessee's action was bona fide, is incorrect in any manner whatsoever. In the circumstances, it is not possible to state that the Tribunal's order suffers from any infirmity
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