https://www.taxtmi.com/circulars?id=9148 The Supreme Court found that Tribunal conclusions about concealment under the Explanation to the penalty provision raised questions of law warranting a statement of case under the departmental reference procedure, despite recurring Tribunal practice of treating such matters as questions of fact; the decision may guide framing departmental reference questions where repeated estimated assessments, wide discrepancies between returned and assessed incomes, excess self-assessments and similar payments are relied upon to allege concealment. en-us Mon, 09 Jan 1978 00:00:00 +0530 Thu, 02 Jun 2011 16:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9148 The Supreme Court found that Tribunal conclusions about concealment under the Explanation to the penalty provision raised questions of law warranting a statement of case under the departmental reference procedure, despite recurring Tribunal practice of treating such matters as questions of fact; the decision may guide framing departmental reference questions where repeated estimated assessments, wide discrepancies between returned and assessed incomes, excess self-assessments and similar payments are relied upon to allege concealment. Circulars Income Tax Mon, 09 Jan 1978 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9148