https://www.taxtmi.com/caselaws?id=385912 The Tribunal upheld the penalty imposed by the CIT(A) under Section 271(1)(c) of the Income Tax Act for concealment of income, non-disclosure of capital gains from property sale, and unexplained credit entries in the bank account. The assessee's appeal was dismissed as voluntary disclosure post-detection does not absolve from penalty, indicating an intention to evade tax. en-us Wed, 14 Aug 2019 00:00:00 +0530 Tue, 17 Sep 2019 11:08:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385912 The Tribunal upheld the penalty imposed by the CIT(A) under Section 271(1)(c) of the Income Tax Act for concealment of income, non-disclosure of capital gains from property sale, and unexplained credit entries in the bank account. The assessee's appeal was dismissed as voluntary disclosure post-detection does not absolve from penalty, indicating an intention to evade tax. Case-Laws Income Tax Wed, 14 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385912