https://www.taxtmi.com/caselaws?id=6545 The Division Bench allowed the appeal, setting aside the trial judge's judgment and affirming that penalty proceedings could proceed to recover the penalty under section 271(1)(a) of the Income-tax Act. The Supreme Court upheld this decision, dismissing the appeal and confirming the authority to levy the penalty in the case. en-us Tue, 05 Sep 2006 00:00:00 +0530 Wed, 10 Dec 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=6545 The Division Bench allowed the appeal, setting aside the trial judge's judgment and affirming that penalty proceedings could proceed to recover the penalty under section 271(1)(a) of the Income-tax Act. The Supreme Court upheld this decision, dismissing the appeal and confirming the authority to levy the penalty in the case. Case-Laws Income Tax Tue, 05 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=6545