https://www.taxtmi.com/caselaws?id=219047 The Tribunal upheld the penalty on Long Term Capital Gain but set aside the penalty on Short Term Capital Gain. The penalty order was deemed within the limitation period, and the concealment of income related to Long Term Capital Gain justified the penalty. en-us Fri, 20 Jan 2012 00:00:00 +0530 Mon, 03 Dec 2012 22:54:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219047 The Tribunal upheld the penalty on Long Term Capital Gain but set aside the penalty on Short Term Capital Gain. The penalty order was deemed within the limitation period, and the concealment of income related to Long Term Capital Gain justified the penalty. Case-Laws Income Tax Fri, 20 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219047