https://www.taxtmi.com/caselaws?id=39657 The High Court dismissed the petition filed by the Additional Commissioner of Income-tax, upholding the Appellate Tribunal's decision to cancel the penalty under section 271(1)(a). The Tribunal's interpretation of the law, emphasizing the requirement of proving mens rea for penalties, was deemed correct. The Court found no grounds to refer the questions for its opinion, affirming the Tribunal's decision and denying costs to the petitioner. en-us Wed, 18 Dec 1974 00:00:00 +0530 Mon, 19 Apr 2010 15:13:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39657 The High Court dismissed the petition filed by the Additional Commissioner of Income-tax, upholding the Appellate Tribunal's decision to cancel the penalty under section 271(1)(a). The Tribunal's interpretation of the law, emphasizing the requirement of proving mens rea for penalties, was deemed correct. The Court found no grounds to refer the questions for its opinion, affirming the Tribunal's decision and denying costs to the petitioner. Case-Laws Income Tax Wed, 18 Dec 1974 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39657