https://www.taxtmi.com/caselaws?id=58411 The departmental appeals were allowed, upholding the imposition of penalties for the non-disclosure of property income in the original returns. The penalties were quantified at 20% of the tax sought to be evaded for the respective assessment years. en-us Wed, 13 Oct 1976 00:00:00 +0530 Sat, 18 Dec 2010 18:34:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58411 The departmental appeals were allowed, upholding the imposition of penalties for the non-disclosure of property income in the original returns. The penalties were quantified at 20% of the tax sought to be evaded for the respective assessment years. Case-Laws Income Tax Wed, 13 Oct 1976 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58411