https://www.taxtmi.com/caselaws?id=67293 The Tribunal ruled in favor of the appellant, canceling the penalty imposed under section 271(1)(c) of the Income Tax Act. It held that filing a revised return voluntarily, without prior detection by the department, substitutes the original return. The burden to prove concealment rested on the Revenue, which failed to establish that the appellant's actions warranted a penalty. The Tribunal emphasized that unless it is proven that additional income was disclosed only after detection by the department, concealing income in the original return does not justify a penalty under section 271(1)(c). en-us Sat, 18 Dec 1976 00:00:00 +0530 Wed, 09 Mar 2011 18:46:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67293 The Tribunal ruled in favor of the appellant, canceling the penalty imposed under section 271(1)(c) of the Income Tax Act. It held that filing a revised return voluntarily, without prior detection by the department, substitutes the original return. The burden to prove concealment rested on the Revenue, which failed to establish that the appellant's actions warranted a penalty. The Tribunal emphasized that unless it is proven that additional income was disclosed only after detection by the department, concealing income in the original return does not justify a penalty under section 271(1)(c). Case-Laws Income Tax Sat, 18 Dec 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67293