https://www.taxtmi.com/caselaws?id=66077 The Tribunal held that the revised return filed by the assessee was eligible for Amnesty Scheme benefits as it was voluntarily filed before conclusive detection by the Department. It found no conclusive evidence of concealed income and emphasized the need for material proving suppression. The Tribunal upheld the cancellation of the penalty under section 271(1)(c), stating that the burden of proof for concealment rested with the Department. The departmental appeal was dismissed, affirming the assessee's eligibility for the Amnesty Scheme and the lack of justification for the penalty. en-us Fri, 31 Dec 1993 00:00:00 +0530 Mon, 21 Feb 2011 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66077 The Tribunal held that the revised return filed by the assessee was eligible for Amnesty Scheme benefits as it was voluntarily filed before conclusive detection by the Department. It found no conclusive evidence of concealed income and emphasized the need for material proving suppression. The Tribunal upheld the cancellation of the penalty under section 271(1)(c), stating that the burden of proof for concealment rested with the Department. The departmental appeal was dismissed, affirming the assessee's eligibility for the Amnesty Scheme and the lack of justification for the penalty. Case-Laws Income Tax Fri, 31 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66077