Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Assessee penalized for income concealment in 1973-74 assessment year</h1> The High Court of Madhya Pradesh upheld the penalty imposed on an assessee for concealing income in the assessment year 1973-74. The Tribunal's findings ... Penalty The High Court of Madhya Pradesh upheld the penalty imposed on an assessee for concealing income in the assessment year 1973-74. The Tribunal found that there was conscious concealment of income by the assessee, justifying the penalty. The Tribunal's findings in the penalty proceedings were independent of the assessment proceedings. The penalty was upheld, and the assessee was directed to bear their own costs.