https://www.taxtmi.com/caselaws?id=381976 The Tribunal upheld the penalty of &8377; 4,04,660 imposed under section 271(1) of the Income Tax Act for the Asstt. Year 1994-95, based on the appellant's failure to file returns timely and cooperate during assessment. The penalty was deemed justified for concealing income, leading to dismissal of the appeal on 20th June 2019. en-us Thu, 20 Jun 2019 00:00:00 +0530 Sat, 22 Jun 2019 09:47:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381976 The Tribunal upheld the penalty of &8377; 4,04,660 imposed under section 271(1) of the Income Tax Act for the Asstt. Year 1994-95, based on the appellant's failure to file returns timely and cooperate during assessment. The penalty was deemed justified for concealing income, leading to dismissal of the appeal on 20th June 2019. Case-Laws Income Tax Thu, 20 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381976