https://www.taxtmi.com/caselaws?id=55408 The appeal for the assessment year 1970-71 was partly allowed, with penalties on Rs. 16,469 and Rs. 15,000 being set aside. In contrast, the appeal for the assessment year 1971-72 was dismissed, and the penalty of Rs. 1,16,754 was upheld. en-us Fri, 05 Mar 1982 00:00:00 +0530 Fri, 26 Nov 2010 18:32:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55408 The appeal for the assessment year 1970-71 was partly allowed, with penalties on Rs. 16,469 and Rs. 15,000 being set aside. In contrast, the appeal for the assessment year 1971-72 was dismissed, and the penalty of Rs. 1,16,754 was upheld. Case-Laws Income Tax Fri, 05 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55408