https://www.taxtmi.com/caselaws?id=29233 The High Court dismissed the application, ruling that penalties were not justified for the disputed amount as it was validly included in the revised return, and there was no evidence of intentional concealment. The Court emphasized the necessity of proper burden of proof and factual findings for imposing penalties under section 271(1)(c) of the Income-tax Act, 1961. en-us Wed, 27 Aug 1980 00:00:00 +0530 Thu, 11 Mar 2010 15:34:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29233 The High Court dismissed the application, ruling that penalties were not justified for the disputed amount as it was validly included in the revised return, and there was no evidence of intentional concealment. The Court emphasized the necessity of proper burden of proof and factual findings for imposing penalties under section 271(1)(c) of the Income-tax Act, 1961. Case-Laws Income Tax Wed, 27 Aug 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29233