COMMISSIONER OF INCOME-TAX versus GOYAL GASES (P.) LTD.
Revenue Revenue Penalty Hiding Earnings Apply Section 1 to Section 271 (1) (C) for the year 1989 to remove Germany, which eliminates sabotage in the growing income of approximately five million rupees. The demand for the removal of penalties was 1989 90. The law should be referred to the High Court of Indian Income Tax Act, 1961, sections 256 (2) and 271.
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