https://www.taxtmi.com/caselaws?id=57488 The Tribunal upheld the penalty under section 271(1)(c) on the theatre maintenance expenses, deeming it as income concealment. However, the penalty was not upheld for vehicle maintenance expenses. The penalty was based on the theatre maintenance amount, with the tax on this sum considered as evaded tax. The penalty was imposed at a minimal level, and the assessee's appeal was partially allowed in this regard. en-us Tue, 16 Aug 1994 00:00:00 +0530 Fri, 10 Dec 2010 13:55:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57488 The Tribunal upheld the penalty under section 271(1)(c) on the theatre maintenance expenses, deeming it as income concealment. However, the penalty was not upheld for vehicle maintenance expenses. The penalty was based on the theatre maintenance amount, with the tax on this sum considered as evaded tax. The penalty was imposed at a minimal level, and the assessee's appeal was partially allowed in this regard. Case-Laws Income Tax Tue, 16 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57488