COMMISSIONER OF INCOME-TAX versus POPULAR LUNGHI CO.
After the completion of the study, the estimate for hiding Germany resumed in the premises of the Assessments and it was levied on the income tax, which was justified in imposing a penalty for concealing the income not disclosed in the original profit. The penalty for the years to come was revealed before the cancellation was completed. The assessment decision does not apply for years in the Indian Income Tax Act, 1961, section 271 (1) (c).
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