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2000 (11) TMI 44 - DELHI HIGH COURT
Extract:
.......m of penalty has to be fixed by taking into account the unexplained incomes to the extent of Rs. 25,000. This exercise shall be taken up by the Tribunal while dealing with the matter under section 260 of the Act. Our Answer to the question referred is in the negative, in favour of the Revenue and against the assessee. This reference is disposed of.