https://www.taxtmi.com/caselaws?id=371639 The court upheld the Tribunal's decision to impose a 100% penalty on the appellant, considering unexplained income, delayed return filings, and evidence of intent to evade tax. Legal precedents and interpretations of the Income Tax Act supported the penalty imposition, leading to the dismissal of the appeals. en-us Thu, 06 Sep 2018 00:00:00 +0530 Fri, 07 Dec 2018 06:54:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371639 The court upheld the Tribunal's decision to impose a 100% penalty on the appellant, considering unexplained income, delayed return filings, and evidence of intent to evade tax. Legal precedents and interpretations of the Income Tax Act supported the penalty imposition, leading to the dismissal of the appeals. Case-Laws Income Tax Thu, 06 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371639