https://www.taxtmi.com/caselaws?id=57645 The Tribunal dismissed the appeal against the penalty for concealment of income under s. 271(1)(c) of the IT Act, 1961. The appellant's request for full relief from the penalty imposed by the AO was not granted. Despite arguments and reliance on legal provisions, the Tribunal upheld the balance of the penalty at Rs. 23,490, emphasizing the appellant's failure to disclose all relevant facts and the legal provisions governing penalty cancellation. The appeal was dismissed based on these considerations. en-us Fri, 10 Sep 1999 00:00:00 +0530 Sat, 11 Dec 2010 13:08:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57645 The Tribunal dismissed the appeal against the penalty for concealment of income under s. 271(1)(c) of the IT Act, 1961. The appellant's request for full relief from the penalty imposed by the AO was not granted. Despite arguments and reliance on legal provisions, the Tribunal upheld the balance of the penalty at Rs. 23,490, emphasizing the appellant's failure to disclose all relevant facts and the legal provisions governing penalty cancellation. The appeal was dismissed based on these considerations. Case-Laws Income Tax Fri, 10 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57645