1993 (1) TMI 21 - HC - Income Tax

Summary

The High Court of Kerala dismissed an application for leave to appeal to the Supreme Court regarding a tax evasion case where the Appellate Tribunal reduced the penalty imposed on the assessee for concealing income. The court held that the Tribunal misdirected itself in law and that there was no challenge to the finding of concealment against the assessee. The court found no grounds for the case to be appealed to the Supreme Court.