https://www.taxtmi.com/caselaws?id=64094 The Tribunal dismissed the appeal against the penalty for filing delay under section 271(1)(a) but allowed the appeal against the penalty for unexplained cash credits under section 271(1)(c). The judgments highlighted the importance of proving a reasonable cause for delay and the requirement of additional evidence beyond surrender to justify a penalty for concealment of income. en-us Wed, 26 Jul 2000 00:00:00 +0530 Thu, 03 Feb 2011 17:44:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64094 The Tribunal dismissed the appeal against the penalty for filing delay under section 271(1)(a) but allowed the appeal against the penalty for unexplained cash credits under section 271(1)(c). The judgments highlighted the importance of proving a reasonable cause for delay and the requirement of additional evidence beyond surrender to justify a penalty for concealment of income. Case-Laws Income Tax Wed, 26 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64094