https://www.taxtmi.com/highlights?id=80291 Review petition - Levy of penalty u/s 271(1)(c) - Tribunal sustaining the levy without providing an opportunity of hearing - Review applicant had paid entire tax amount for assessment years in question - Held that review applicant has not filed applications based on new facts - Materials collected during search never put to review applicant prior to filing voluntary revised returns - No deliberate or wilful omission on part of review applicant - Review applicant on same footing as Dr. R. Gopalakrishnan entitled to same relief - Plea of review applicant being professional doctor rendering service to downtrodden people and levying penalty would affect mental status and professional career appears bona fide and reasonable, merits acceptance - Judgment recalled, Tax Case Appeals disposed of by setting aside order. en-us Fri, 09 Aug 2024 10:29:41 +0530 Fri, 09 Aug 2024 10:29:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80291 Review petition - Levy of penalty u/s 271(1)(c) - Tribunal sustaining the levy without providing an opportunity of hearing - Review applicant had paid entire tax amount for assessment years in question - Held that review applicant has not filed applications based on new facts - Materials collected during search never put to review applicant prior to filing voluntary revised returns - No deliberate or wilful omission on part of review applicant - Review applicant on same footing as Dr. R. Gopalakrishnan entitled to same relief - Plea of review applicant being professional doctor rendering service to downtrodden people and levying penalty would affect mental status and professional career appears bona fide and reasonable, merits acceptance - Judgment recalled, Tax Case Appeals disposed of by setting aside order. Highlights Income Tax Fri, 09 Aug 2024 10:29:41 +0530 https://www.taxtmi.com/highlights?id=80291