https://www.taxtmi.com/caselaws?id=57484 The Tribunal held that penalties under section 271(1)(c) were unjustified as the revised returns were valid and no income concealment was found. The penalties imposed by the Assessing Officer were canceled, and the appeals by the assessee were allowed. en-us Wed, 30 Mar 1994 00:00:00 +0530 Fri, 10 Dec 2010 13:39:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57484 The Tribunal held that penalties under section 271(1)(c) were unjustified as the revised returns were valid and no income concealment was found. The penalties imposed by the Assessing Officer were canceled, and the appeals by the assessee were allowed. Case-Laws Income Tax Wed, 30 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57484