https://www.taxtmi.com/caselaws?id=60868 The tribunal affirmed the penalty imposed under section 271(1)(c) of the Income-tax Act for deliberate suppression of rental income by the assessee. The challenge against the validity of proceedings initiated under section 143(2)(b) instead of section 147 was rejected. The tribunal found that the non-disclosure of rental income in the original return was deliberate, and the subsequent disclosure in a revised return was not considered voluntary. The appeal was dismissed, upholding the penalty and confirming the actions taken by the authorities. en-us Tue, 14 Jul 1992 00:00:00 +0530 Sat, 08 Jan 2011 13:42:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60868 The tribunal affirmed the penalty imposed under section 271(1)(c) of the Income-tax Act for deliberate suppression of rental income by the assessee. The challenge against the validity of proceedings initiated under section 143(2)(b) instead of section 147 was rejected. The tribunal found that the non-disclosure of rental income in the original return was deliberate, and the subsequent disclosure in a revised return was not considered voluntary. The appeal was dismissed, upholding the penalty and confirming the actions taken by the authorities. Case-Laws Income Tax Tue, 14 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60868