TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Assessee wins penalty case for prize money disclosure in income tax return</h1> The HC of Bombay ruled in favor of the assessee in a penalty imposition case regarding prize money disclosure in the income tax return. The Tribunal's ... Penalty The High Court of Bombay ruled in favor of the assessee in a penalty imposition case related to the disclosure of prize money in the income tax return. The Tribunal's decision to cancel the penalty was upheld based on the disclosure made by the assessee in Part IV of the return. The court held that there was no concealment of income, and the penalty was unjustified.
TaxTMI 
TaxTMI 
