https://www.taxtmi.com/caselaws?id=18599 The court dismissed the Revenue's review application for assessment year 1967-68 under the Income-tax Act, finding that the Tribunal's findings did not establish any error warranting a review beyond the scope of the application. The court emphasized the separate nature of quantum appeal and penalty proceedings, noting that the findings in one did not decisively impact the other. It was concluded that the assessee had discharged its onus regarding lack of fraud or neglect, and no legal question arose from the factual findings. The review application was dismissed for lack of merit, without costs imposed. en-us Fri, 23 Feb 1996 00:00:00 +0530 Thu, 01 Oct 2009 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18599 The court dismissed the Revenue's review application for assessment year 1967-68 under the Income-tax Act, finding that the Tribunal's findings did not establish any error warranting a review beyond the scope of the application. The court emphasized the separate nature of quantum appeal and penalty proceedings, noting that the findings in one did not decisively impact the other. It was concluded that the assessee had discharged its onus regarding lack of fraud or neglect, and no legal question arose from the factual findings. The review application was dismissed for lack of merit, without costs imposed. Case-Laws Income Tax Fri, 23 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18599