https://www.taxtmi.com/caselaws?id=69808 Penalty for alleged failure to furnish an advance tax estimate was not sustainable on a bare assumption of non-filing where the assessee produced material indicating that Form No. 29 had been filed. The existing finding could not be treated as conclusive without proper verification of that evidence, so the penalty order was set aside and the matter was restored for fresh adjudication. The revenue was to be given a fair opportunity to contest the evidence before the Income-tax Officer. en-us Sat, 06 Jun 1981 00:00:00 +0530 Tue, 12 Apr 2011 11:59:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69808 Penalty for alleged failure to furnish an advance tax estimate was not sustainable on a bare assumption of non-filing where the assessee produced material indicating that Form No. 29 had been filed. The existing finding could not be treated as conclusive without proper verification of that evidence, so the penalty order was set aside and the matter was restored for fresh adjudication. The revenue was to be given a fair opportunity to contest the evidence before the Income-tax Officer. Case-Laws Income Tax Sat, 06 Jun 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69808