https://www.taxtmi.com/caselaws?id=20796 The High Court of Rajasthan dismissed the Department's appeal for imposing a penalty under section 273(2)(a) of the Act. The Tribunal did not find concealment of income due to the small amount involved, following precedents that reference should not be made for petty amounts. The Court distinguished between false returns under section 271 and false estimates under section 273 related to advance tax. The appeal was rejected. en-us Mon, 19 Oct 1992 00:00:00 +0530 Tue, 17 Nov 2009 12:37:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20796 The High Court of Rajasthan dismissed the Department's appeal for imposing a penalty under section 273(2)(a) of the Act. The Tribunal did not find concealment of income due to the small amount involved, following precedents that reference should not be made for petty amounts. The Court distinguished between false returns under section 271 and false estimates under section 273 related to advance tax. The appeal was rejected. Case-Laws Income Tax Mon, 19 Oct 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20796