https://www.taxtmi.com/caselaws?id=2477 The High Court affirmed the Tribunal's decision, ruling in favor of the assessee and against the Department. The Court upheld the decision to set aside the penalty orders for the assessment years in question, emphasizing that the assessee had provided full and accurate information regarding the transactions, and there was no concealment of facts. en-us Mon, 14 Feb 2005 00:00:00 +0530 Thu, 31 Jul 2008 09:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2477 The High Court affirmed the Tribunal's decision, ruling in favor of the assessee and against the Department. The Court upheld the decision to set aside the penalty orders for the assessment years in question, emphasizing that the assessee had provided full and accurate information regarding the transactions, and there was no concealment of facts. Case-Laws Income Tax Mon, 14 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2477