https://www.taxtmi.com/caselaws?id=336756 The ITAT allowed the appeal, directing the deletion of the penalty imposed on the legal heir. The judgment emphasized the absence of deliberate concealment by the deceased or the legal heir, questioning the basis for penalty imposition solely on the wife. The ITAT's decision focused on the lack of evidence connecting the deposits to the legal heirs and the absence of mens rea, leading to the penalty's deletion. en-us Fri, 23 Dec 2016 00:00:00 +0530 Wed, 28 Dec 2016 09:24:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336756 The ITAT allowed the appeal, directing the deletion of the penalty imposed on the legal heir. The judgment emphasized the absence of deliberate concealment by the deceased or the legal heir, questioning the basis for penalty imposition solely on the wife. The ITAT's decision focused on the lack of evidence connecting the deposits to the legal heirs and the absence of mens rea, leading to the penalty's deletion. Case-Laws Income Tax Fri, 23 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336756