2004 (12) TMI 65

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....ior counsel with Shri Sanjay Lal. Heard on admission. Learned counsel for the appellant submits that the Income-tax Appellate 3 Tribunal has not considered Explanation 4 to section 271(1)(c) of the Income-tax Act, 1961. The contention of counsel for the appellant is that under Explanation 4, where the amount of income in respect of which particulars have been concealed or inaccurate particul....