https://www.taxtmi.com/caselaws?id=38549 Unexplained omission of share income and an unexplained cash credit justified a finding of concealment, so section 28(1)(c) applied to the assessment and extended the limitation period. The absence of an actual penalty did not prevent reliance on that provision at the assessment stage, and the plea based on disruption of the Hindu undivided family was immaterial because the reference concerned limitation for assessment, not penalty. The assessment was therefore not barred by limitation. en-us Tue, 12 Oct 1976 00:00:00 +0530 Wed, 07 Apr 2010 11:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38549 Unexplained omission of share income and an unexplained cash credit justified a finding of concealment, so section 28(1)(c) applied to the assessment and extended the limitation period. The absence of an actual penalty did not prevent reliance on that provision at the assessment stage, and the plea based on disruption of the Hindu undivided family was immaterial because the reference concerned limitation for assessment, not penalty. The assessment was therefore not barred by limitation. Case-Laws Income Tax Tue, 12 Oct 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38549