https://www.taxtmi.com/caselaws?id=60549 The tribunal dismissed the revenue's appeal, upholding the Appellate Assistant Commissioner's decision to delete the penalty imposed under Section 271(1)(c) of the Income Tax Act. It was determined that the revised returns were filed voluntarily and before any detection of concealed income by the Income Tax Officer, leading to the conclusion that the penalty was not justified. en-us Thu, 20 Jan 1983 00:00:00 +0530 Wed, 05 Jan 2011 18:25:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60549 The tribunal dismissed the revenue's appeal, upholding the Appellate Assistant Commissioner's decision to delete the penalty imposed under Section 271(1)(c) of the Income Tax Act. It was determined that the revised returns were filed voluntarily and before any detection of concealed income by the Income Tax Officer, leading to the conclusion that the penalty was not justified. Case-Laws Income Tax Thu, 20 Jan 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60549