TMI Blog2005 (1) TMI 43X X X X Extracts X X X X X X X X Extracts X X X X ..... endered their full income, there was no question of any concealment on their part - appeal though admitted does not involve any question of law much less a substantial question of law within the meaning of section 260A - It is pursuant to this power, we have formed an opinion that the view taken by the Tribunal does not call for any interference as no question of law is involved in the appeal, cal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gh J.)" Heard Shri R. L. Jain, learned senior counsel with Ku V. Mandlik, learned counsel for the Revenue. None for the assessee. We have seen and perused the memo of appeal. What we find therein is that the issue raised in appeal relates to imposition of penalty on the assessee for the alleged concealment in the year in question. The penalty imposed by the Assessing Officer was set aside by t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax by indulging in concealment of true income. When the disclosure was total though at a later stage, the authorities in their discretion did not consider it proper to impose any penalty under section 271(1)(c) ibid as a case of concealment. We do not consider it to be a fit case to upturn the concurrent finding of the two appellate authorities on this issue as in our opinion, the appeal though ad ..... X X X X Extracts X X X X X X X X Extracts X X X X
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