https://www.taxtmi.com/caselaws?id=28703 The High Court of Allahabad interpreted the Explanation to section 271(1)(c) of the Income Tax Act in a case where an assessee did not disclose his minor son's income from a partnership firm in his tax return. The court relied on previous judgments but ultimately held that the assessee was not obligated to disclose such income as the tax return form did not require it. Consequently, the court ruled in favor of the assessee, affirming the cancellation of the penalty imposed. The court considered questions 1 and 2 academic and awarded costs to the assessee. en-us Wed, 22 Sep 1982 00:00:00 +0530 Thu, 25 Feb 2010 10:23:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28703 The High Court of Allahabad interpreted the Explanation to section 271(1)(c) of the Income Tax Act in a case where an assessee did not disclose his minor son's income from a partnership firm in his tax return. The court relied on previous judgments but ultimately held that the assessee was not obligated to disclose such income as the tax return form did not require it. Consequently, the court ruled in favor of the assessee, affirming the cancellation of the penalty imposed. The court considered questions 1 and 2 academic and awarded costs to the assessee. Case-Laws Income Tax Wed, 22 Sep 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28703