https://www.taxtmi.com/caselaws?id=19410 Where a return was filed after the Explanation to section 271(1) of the Income-tax Act, 1961 came into force, concealment penalty was governed by that statutory Explanation and not by the earlier rule in Anwar Ali. The Delhi HC noted that later Supreme Court authority in Jeevan Lal Sah had clarified that Anwar Ali was no longer good law in such cases. On that basis, the Tribunal was held not legally correct in cancelling the penalty, and the reference was answered against the assessee. en-us Wed, 28 Sep 1994 00:00:00 +0530 Fri, 06 Nov 2009 10:37:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19410 Where a return was filed after the Explanation to section 271(1) of the Income-tax Act, 1961 came into force, concealment penalty was governed by that statutory Explanation and not by the earlier rule in Anwar Ali. The Delhi HC noted that later Supreme Court authority in Jeevan Lal Sah had clarified that Anwar Ali was no longer good law in such cases. On that basis, the Tribunal was held not legally correct in cancelling the penalty, and the reference was answered against the assessee. Case-Laws Income Tax Wed, 28 Sep 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19410