https://www.taxtmi.com/caselaws?id=67580 The Tribunal upheld the penalty for intentional omission in the first year regarding the assessee's failure to disclose the minor son's income, rejecting the contention of bona fide belief. However, the penalty for the subsequent year was deleted as claiming incorrect HUF status did not involve concealment under section 271(1)(c) of the Income-tax Act, 1961. en-us Thu, 06 Mar 1986 00:00:00 +0530 Fri, 11 Mar 2011 14:13:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67580 The Tribunal upheld the penalty for intentional omission in the first year regarding the assessee's failure to disclose the minor son's income, rejecting the contention of bona fide belief. However, the penalty for the subsequent year was deleted as claiming incorrect HUF status did not involve concealment under section 271(1)(c) of the Income-tax Act, 1961. Case-Laws Income Tax Thu, 06 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67580