Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1978 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1978 (2) TMI 112 - AT - Income TaxExtract: ....... that the contention of the assessee s counsel that the penalty imposable in this case should be calculated on the basis of assessed tax on it as a registered firm or the quantum of penalty should be restricted to the maximum of 50 per cent of the tax assessed on it as a registered firm cannot stand. 10. In the result, the appeal is partly allowed.
|