https://www.taxtmi.com/caselaws?id=307848 The Tribunal upheld the penalty under section 271(1)(c) of the I.T. Act, emphasizing the intentional misrepresentation of income by the assessee. The decision highlighted the importance of accurate income disclosure and the consequences of concealing income to evade tax liability. en-us Thu, 31 Dec 2015 00:00:00 +0530 Thu, 11 May 2023 21:19:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307848 The Tribunal upheld the penalty under section 271(1)(c) of the I.T. Act, emphasizing the intentional misrepresentation of income by the assessee. The decision highlighted the importance of accurate income disclosure and the consequences of concealing income to evade tax liability. Case-Laws Income Tax Thu, 31 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307848