https://www.taxtmi.com/caselaws?id=177691 The Tribunal partially allowed the appeal, overturning the penalty on the enhanced Capital Gain amount while confirming the penalty on the omitted income. The case emphasized the significance of voluntary disclosure and the requirement for detailed justifications in penalty determinations. en-us Wed, 07 Jan 2015 00:00:00 +0530 Fri, 15 Jan 2016 11:52:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177691 The Tribunal partially allowed the appeal, overturning the penalty on the enhanced Capital Gain amount while confirming the penalty on the omitted income. The case emphasized the significance of voluntary disclosure and the requirement for detailed justifications in penalty determinations. Case-Laws Income Tax Wed, 07 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177691