https://www.taxtmi.com/caselaws?id=209365 The Punjab and Haryana High Court dismissed the revenue's appeal under Section 260-A of the Income Tax Act, 1961, challenging the ITAT's order for the assessment year 1998-99. The appeal questioned the deletion of a penalty of Rs.16,00,000 under section 271(1)(c) by the CIT(A) and ITAT. The High Court upheld the decision based on a previous ruling against the revenue in a similar case, emphasizing that willful concealment was not a mandatory element for imposing civil liability, as established in a Supreme Court precedent. en-us Mon, 01 Nov 2010 00:00:00 +0530 Mon, 22 Jul 2013 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209365 The Punjab and Haryana High Court dismissed the revenue's appeal under Section 260-A of the Income Tax Act, 1961, challenging the ITAT's order for the assessment year 1998-99. The appeal questioned the deletion of a penalty of Rs.16,00,000 under section 271(1)(c) by the CIT(A) and ITAT. The High Court upheld the decision based on a previous ruling against the revenue in a similar case, emphasizing that willful concealment was not a mandatory element for imposing civil liability, as established in a Supreme Court precedent. Case-Laws Income Tax Mon, 01 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209365