https://www.taxtmi.com/caselaws?id=62505 Explanation 1 to section 271(1)(c) places an initial burden on the assessee to support a bona fide explanation with full disclosure of material facts, and contemporaneous documents such as installation approvals, meter test records, log books and asset entries can discharge that burden. Documentary evidence of installation and trial run was treated as sufficient to support the claimed use of the DG set, while passive or standby use could still evidence bona fides. Later commercial energisation permission did not by itself disprove an earlier trial run explanation, so a merely disallowed assessment claim did not automatically attract concealment penalty. en-us Mon, 13 Sep 2004 00:00:00 +0530 Thu, 20 Jan 2011 11:27:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62505 Explanation 1 to section 271(1)(c) places an initial burden on the assessee to support a bona fide explanation with full disclosure of material facts, and contemporaneous documents such as installation approvals, meter test records, log books and asset entries can discharge that burden. Documentary evidence of installation and trial run was treated as sufficient to support the claimed use of the DG set, while passive or standby use could still evidence bona fides. Later commercial energisation permission did not by itself disprove an earlier trial run explanation, so a merely disallowed assessment claim did not automatically attract concealment penalty. Case-Laws Income Tax Mon, 13 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62505