https://www.taxtmi.com/caselaws?id=70981 The Tribunal upheld the decision to cancel penalties under Sections 271(1)(a) and 273(1)(b) of the Income-tax Act, finding that the assessee's case fell within the Amnesty Scheme and relevant CBDT Circulars. The department's appeals were dismissed, emphasizing the Scheme's intent to allow disclosure of concealed income without penalties. en-us Fri, 12 Feb 1993 00:00:00 +0530 Wed, 20 Apr 2011 14:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70981 The Tribunal upheld the decision to cancel penalties under Sections 271(1)(a) and 273(1)(b) of the Income-tax Act, finding that the assessee's case fell within the Amnesty Scheme and relevant CBDT Circulars. The department's appeals were dismissed, emphasizing the Scheme's intent to allow disclosure of concealed income without penalties. Case-Laws Income Tax Fri, 12 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70981