https://www.taxtmi.com/caselaws?id=63397 The Tribunal directed the Income-tax Officer to calculate the penalty based on the concealed income found, including disallowances related to expenses on furnace oil, cash credits, and bad debts, totaling Rs. 81,738. The appeal was partially allowed. en-us Thu, 23 Apr 1987 00:00:00 +0530 Sat, 29 Jan 2011 17:33:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63397 The Tribunal directed the Income-tax Officer to calculate the penalty based on the concealed income found, including disallowances related to expenses on furnace oil, cash credits, and bad debts, totaling Rs. 81,738. The appeal was partially allowed. Case-Laws Income Tax Thu, 23 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63397