https://www.taxtmi.com/caselaws?id=14646 The High Court dismissed the penalty for concealment of income imposed on the assessee, as there was no evidence of wilful concealment. The court emphasized that penalties for concealment apply only with concrete evidence. The court declined to answer academic questions regarding the link between concealment and income/tax amount, citing its authority to refuse irrelevant questions. The judgment underscored the importance of evidence in establishing concealment and the court's discretion in addressing pertinent issues. en-us Wed, 20 Sep 2000 00:00:00 +0530 Fri, 17 Jul 2009 17:21:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14646 The High Court dismissed the penalty for concealment of income imposed on the assessee, as there was no evidence of wilful concealment. The court emphasized that penalties for concealment apply only with concrete evidence. The court declined to answer academic questions regarding the link between concealment and income/tax amount, citing its authority to refuse irrelevant questions. The judgment underscored the importance of evidence in establishing concealment and the court's discretion in addressing pertinent issues. Case-Laws Income Tax Wed, 20 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14646