https://www.taxtmi.com/caselaws?id=55530 The Tribunal allowed the assessee's appeals, canceling penalties under Sections 271(1)(c) for concealment of income, 271(1)(a) for late filing of return, and 273(1)(b) for failure to file an estimate of advance tax. The Tribunal found no concealment or furnishing of inaccurate particulars regarding the rate difference issue, determined the late filing was not for a complete month, and concluded the assessee was not obligated to file an estimate of advance tax. en-us Thu, 16 Mar 1995 00:00:00 +0530 Sat, 27 Nov 2010 15:35:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55530 The Tribunal allowed the assessee's appeals, canceling penalties under Sections 271(1)(c) for concealment of income, 271(1)(a) for late filing of return, and 273(1)(b) for failure to file an estimate of advance tax. The Tribunal found no concealment or furnishing of inaccurate particulars regarding the rate difference issue, determined the late filing was not for a complete month, and concluded the assessee was not obligated to file an estimate of advance tax. Case-Laws Income Tax Thu, 16 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55530