https://www.taxtmi.com/caselaws?id=56686 The Tribunal canceled the penalty imposed under section 271(1)(c) of the IT Act, 1961 on the assessee for concealment of income. The disallowed sales promotion expenses were found to lack supporting receipts, but the Tribunal noted that the burden of proof in penalty proceedings lies with the Department. Without concrete evidence of deliberate concealment, the Tribunal ruled in favor of the assessee, emphasizing the need to assess each case based on the totality of circumstances and evidence presented. en-us Tue, 29 Nov 1977 00:00:00 +0530 Mon, 06 Dec 2010 13:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56686 The Tribunal canceled the penalty imposed under section 271(1)(c) of the IT Act, 1961 on the assessee for concealment of income. The disallowed sales promotion expenses were found to lack supporting receipts, but the Tribunal noted that the burden of proof in penalty proceedings lies with the Department. Without concrete evidence of deliberate concealment, the Tribunal ruled in favor of the assessee, emphasizing the need to assess each case based on the totality of circumstances and evidence presented. Case-Laws Income Tax Tue, 29 Nov 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56686