https://www.taxtmi.com/caselaws?id=62570 The Tribunal upheld penalties for concealment of income and furnishing inaccurate particulars for assessment years 1983-84 to 1987-88 but reduced penalties to 100% due to the assessee's voluntary disclosure and cooperation. The assessee was advised to seek waiver of penalties from administrative authorities if conditions were met. Appeals were partly allowed. en-us Fri, 24 Feb 1995 00:00:00 +0530 Thu, 20 Jan 2011 14:22:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62570 The Tribunal upheld penalties for concealment of income and furnishing inaccurate particulars for assessment years 1983-84 to 1987-88 but reduced penalties to 100% due to the assessee's voluntary disclosure and cooperation. The assessee was advised to seek waiver of penalties from administrative authorities if conditions were met. Appeals were partly allowed. Case-Laws Income Tax Fri, 24 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62570