1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


2. New: βIn Favour Ofβ filter added in Case Laws.
Try both these filters in Case Laws β
Just a moment...
1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


2. New: βIn Favour Ofβ filter added in Case Laws.
Try both these filters in Case Laws β
Press 'Enter' to add multiple search terms. Rules for Better Search
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>High Court confirms penalty for income concealment under Income-tax Act</h1> The High Court upheld the jurisdiction of the Inspecting Assistant Commissioner to impose a penalty of Rs. 11,000 on the assessee for income concealment. ... Penalty The High Court held that the Inspecting Assistant Commissioner had jurisdiction to impose a penalty of Rs. 11,000 on the assessee for concealment of income. The court referred to the deletion of section 274(2) of the Income-tax Act and concluded that the Inspecting Assistant Commissioner had the authority to pass the penalty order. The judgment favored the Revenue and ruled against the assessee.