https://www.taxtmi.com/caselaws?id=10283 The High Court dismissed the Revenue's appeal against the imposition of a penalty on the assessee for alleged concealment of income. The Court upheld the Tribunal's decision setting aside the penalty, noting that the assessee had voluntarily disclosed their full income without any deliberate intention to evade tax through concealment. The Court found no substantial question of law and declined to interfere with the appellate authorities' findings. The appeal was dismissed with no costs awarded. en-us Mon, 03 Jan 2005 00:00:00 +0530 Mon, 13 Jul 2009 09:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10283 The High Court dismissed the Revenue's appeal against the imposition of a penalty on the assessee for alleged concealment of income. The Court upheld the Tribunal's decision setting aside the penalty, noting that the assessee had voluntarily disclosed their full income without any deliberate intention to evade tax through concealment. The Court found no substantial question of law and declined to interfere with the appellate authorities' findings. The appeal was dismissed with no costs awarded. Case-Laws Income Tax Mon, 03 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10283