https://www.taxtmi.com/caselaws?id=57036 The Tribunal found that the assessing officer did not provide enough evidence to prove that the assessee knew or believed the estimate was untrue when filed, leading to the cancellation of the penalty imposed under section 273(a) of the Income-tax Act, 1961. The appeal was allowed, overturning the decision of the Commissioner (Appeals). en-us Sat, 28 Apr 1984 00:00:00 +0530 Wed, 08 Dec 2010 10:20:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57036 The Tribunal found that the assessing officer did not provide enough evidence to prove that the assessee knew or believed the estimate was untrue when filed, leading to the cancellation of the penalty imposed under section 273(a) of the Income-tax Act, 1961. The appeal was allowed, overturning the decision of the Commissioner (Appeals). Case-Laws Income Tax Sat, 28 Apr 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57036