https://www.taxtmi.com/caselaws?id=25970 The High Court ruled in favor of the assessee in a case involving undisclosed incomes of the wife and minor sons under section 64 of the Income-tax Act. The Court held that penalty under section 271(1)(c) was not applicable as there was no specific column for such disclosures in the prescribed form, citing a Supreme Court precedent. The Court declined to address the issue of additions made on estimate under 'Income from other sources' due to inadequate withdrawals, as it did not arise from the Tribunal's order. en-us Thu, 04 Apr 1985 00:00:00 +0530 Tue, 02 Feb 2010 10:39:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25970 The High Court ruled in favor of the assessee in a case involving undisclosed incomes of the wife and minor sons under section 64 of the Income-tax Act. The Court held that penalty under section 271(1)(c) was not applicable as there was no specific column for such disclosures in the prescribed form, citing a Supreme Court precedent. The Court declined to address the issue of additions made on estimate under 'Income from other sources' due to inadequate withdrawals, as it did not arise from the Tribunal's order. Case-Laws Income Tax Thu, 04 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25970