https://www.taxtmi.com/caselaws?id=358690 The Tribunal found that levying a penalty under Section 158BFA(2) of the Income-Tax Act on the legal representatives of a deceased assessee was not justified. It emphasized that the penalty should be imposed on the same person who filed the return and concealed income, which, in this case, was the deceased, not the legal representatives. The High Court upheld the Tribunal's decision, dismissing the Tax Case Appeal filed by the Commissioner of Income Tax, Chennai, thereby ruling against the revenue. en-us Tue, 20 Feb 2018 00:00:00 +0530 Wed, 28 Aug 2019 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358690 The Tribunal found that levying a penalty under Section 158BFA(2) of the Income-Tax Act on the legal representatives of a deceased assessee was not justified. It emphasized that the penalty should be imposed on the same person who filed the return and concealed income, which, in this case, was the deceased, not the legal representatives. The High Court upheld the Tribunal's decision, dismissing the Tax Case Appeal filed by the Commissioner of Income Tax, Chennai, thereby ruling against the revenue. Case-Laws Income Tax Tue, 20 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358690