https://www.taxtmi.com/caselaws?id=14357 A question arose whether, in penalty proceedings for concealment, Explanation 1 to section 271(1)(c) had to be separately invoked in the show-cause notice, and whether that issue justified reference under section 256(2) of the Income-tax Act, 1961. The appellate authority and Tribunal had treated separate invocation of Explanation 1 as necessary, but the High Court found that view prima facie incorrect and held that the proposed question required examination. The petition was allowed and the Tribunal was directed to state the case and refer the question of law for the Court's opinion. en-us Fri, 10 Nov 2000 00:00:00 +0530 Wed, 15 Jul 2009 13:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14357 A question arose whether, in penalty proceedings for concealment, Explanation 1 to section 271(1)(c) had to be separately invoked in the show-cause notice, and whether that issue justified reference under section 256(2) of the Income-tax Act, 1961. The appellate authority and Tribunal had treated separate invocation of Explanation 1 as necessary, but the High Court found that view prima facie incorrect and held that the proposed question required examination. The petition was allowed and the Tribunal was directed to state the case and refer the question of law for the Court's opinion. Case-Laws Income Tax Fri, 10 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14357