https://www.taxtmi.com/caselaws?id=336694 The Tribunal ruled in favor of the appellant, emphasizing the unintentional nature of the omission, the voluntary disclosure of income, and the absence of deliberate concealment. The judgment underscored the significance of considering the appellant's actions in good faith and in compliance with tax obligations, leading to the allowance of the appeal against the penalty levy. en-us Thu, 20 Oct 2016 00:00:00 +0530 Tue, 27 Dec 2016 19:02:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336694 The Tribunal ruled in favor of the appellant, emphasizing the unintentional nature of the omission, the voluntary disclosure of income, and the absence of deliberate concealment. The judgment underscored the significance of considering the appellant's actions in good faith and in compliance with tax obligations, leading to the allowance of the appeal against the penalty levy. Case-Laws Income Tax Thu, 20 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336694