https://www.taxtmi.com/caselaws?id=38983 Penalty under section 271(1)(c) could apply to assessments originally made under section 23(3) of the 1922 Act, because penalty proceedings for offences connected with earlier assessments were not barred by the later statute. However, the revenue still had to prove concealment or furnishing of inaccurate particulars on the facts as a whole. Mere survival of some additions in the quantum appeal did not, by itself, establish concealment or satisfy that burden. The Tribunal's view that partial confirmation of additions was insufficient to justify penalty was therefore accepted on the concealment issue, while the applicability of penalty provisions in principle was upheld. en-us Fri, 11 Jul 1975 00:00:00 +0530 Sat, 10 Apr 2010 17:48:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=38983 Penalty under section 271(1)(c) could apply to assessments originally made under section 23(3) of the 1922 Act, because penalty proceedings for offences connected with earlier assessments were not barred by the later statute. However, the revenue still had to prove concealment or furnishing of inaccurate particulars on the facts as a whole. Mere survival of some additions in the quantum appeal did not, by itself, establish concealment or satisfy that burden. The Tribunal's view that partial confirmation of additions was insufficient to justify penalty was therefore accepted on the concealment issue, while the applicability of penalty provisions in principle was upheld. Case-Laws Income Tax Fri, 11 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=38983