06/07/2009 - LATEST UNREPORTED PENALTY CONCEALMENT RULINGS
| Monday, July 6, 2009 |
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1. Landmark - First High Court ruling analysing and distinguishing Supreme Court Dharmendra Textiles ruling in Extenso- Directly in Context of Income Tax Act Section 271(1)(c) Concealment Penalty: Haryana Warehousing Dated 1 July 20.
2. Bombay High Court on Penalty under Excise Rules : Held Not Leviable Indiscriminately : Proper Finding Required: SC Ruling in Dharmendra Textiles and Rajasthan Spinning Analysed and Applied.
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