https://www.taxtmi.com/caselaws?id=17009 Penalty under section 271(1)(c) remained valid where the assessee did not comply with notices and income was estimated on assessment, because a mistaken reference to an unamended or deleted provision did not vitiate the levy when the facts supported action under the existing provision. The Court treated the objection as essentially factual and held that no substantial question of law arose. The Tribunal was therefore justified in restoring the penalty order. en-us Tue, 09 Jul 1996 00:00:00 +0530 Mon, 14 Sep 2009 15:51:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17009 Penalty under section 271(1)(c) remained valid where the assessee did not comply with notices and income was estimated on assessment, because a mistaken reference to an unamended or deleted provision did not vitiate the levy when the facts supported action under the existing provision. The Court treated the objection as essentially factual and held that no substantial question of law arose. The Tribunal was therefore justified in restoring the penalty order. Case-Laws Income Tax Tue, 09 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17009