https://www.taxtmi.com/caselaws?id=66530 The Tribunal found in favor of the assessee, ruling that there was no concealment of income under section 271(1)(c) of the Income-tax Act for the assessment years 1982-83 and 1983-84. The Tribunal emphasized that the omission of the spouse's income was not deliberate but due to a bona fide belief, preventing the return from being labeled as false and thus not warranting a penalty. The appeals were allowed, and the penalty was deleted. en-us Tue, 25 Sep 1990 00:00:00 +0530 Sat, 26 Feb 2011 13:23:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66530 The Tribunal found in favor of the assessee, ruling that there was no concealment of income under section 271(1)(c) of the Income-tax Act for the assessment years 1982-83 and 1983-84. The Tribunal emphasized that the omission of the spouse's income was not deliberate but due to a bona fide belief, preventing the return from being labeled as false and thus not warranting a penalty. The appeals were allowed, and the penalty was deleted. Case-Laws Income Tax Tue, 25 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66530