https://www.taxtmi.com/caselaws?id=356287 The tribunal dismissed both appeals, upholding the penalty imposition under section 271(1)(c) of the Income Tax Act, 1961. The judgment emphasized the importance of accurate disclosure of income and rejected the appellants' arguments regarding the voluntariness of disclosure and lack of mal intention. en-us Fri, 23 Feb 2018 00:00:00 +0530 Tue, 27 Feb 2018 08:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356287 The tribunal dismissed both appeals, upholding the penalty imposition under section 271(1)(c) of the Income Tax Act, 1961. The judgment emphasized the importance of accurate disclosure of income and rejected the appellants' arguments regarding the voluntariness of disclosure and lack of mal intention. Case-Laws Income Tax Fri, 23 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356287