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THE COMMISSIONER OF INCOME TAX Versus M/s. LIONS ESTATES AND PROPERTIES

2015 (12) TMI 1126 - KARNATAKA HIGH COURT

Concealment of income – imposition of penalty - Held that:- Tribunal has set aside the imposition of penalty following a judgment of this Court passed in the case of Commissioner of Income-Tax & another Vs. Manjunatha Cotton and Ginning Factory in (2 .....

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ourt against the said judgment of this Court and it is still pending. In the event of the Revenue succeeding in the appeal, liberty is reserved to the revenue to revive this appeal. - Decided against revenue - ITA No. 518 of 2014 - Dated:- 6-3-2015 - .....

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