2018 (9) TMI 1639 - SCH - Income Tax

Penalty u/s 271(1)(b) - assessee refused to answer the notice under Section 142(1) - accounts held in HSBC Bank - assessee was an attorney of some account holder - Held that - Application seeking permission for open court hearing is rejected. We have carefully gone through the review petitions and the connected papers. However, we do not find any merit in the review petitions. Accordingly, the review petitions are dismissed. Pending applications, if any, shall also stand disposed of.

Summary

The Supreme Court rejected the application for open court hearing and dismissed the review petitions for lack of merit. Pending applications were also disposed of. (Case citation: 2018 (9) TMI 1639 - SC)