https://www.taxtmi.com/caselaws?id=178431 The Tribunal upheld penalties under section 271(1)(c) of the IT Act, 1961, against the assessees for intentional concealment of income in their original returns, despite voluntary disclosure in revised returns. The Tribunal deemed the revised returns non est, as they were filed post-enquiry initiation. The High Court dismissed the appeals, affirming the Tribunal's findings were not perverse and no substantial question of law was involved. en-us Mon, 22 May 2006 00:00:00 +0530 Thu, 07 May 2026 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178431 The Tribunal upheld penalties under section 271(1)(c) of the IT Act, 1961, against the assessees for intentional concealment of income in their original returns, despite voluntary disclosure in revised returns. The Tribunal deemed the revised returns non est, as they were filed post-enquiry initiation. The High Court dismissed the appeals, affirming the Tribunal's findings were not perverse and no substantial question of law was involved. Case-Laws Income Tax Mon, 22 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178431