THE COMMISSIONER OF INCOME TAX GULBARGA vs. M/S MANJUNATHA COTTON AND GINNING FACTORY

The appeals are dismissed

Bench: ARAVIND KUMAR,N.KUMAR

271(1)(c) read with the explanation indicates that the said Section has been enacted to provide for a remedy for loss of revenue. The penalty under that provision is a civil liability, willful concealment is not an essential ingredient for attracting a civil 65 liability as is the case in the matter of prosecution u/S

M/S HOTEL FISHLAND vs. UNION OF INDIA

Bench: The Hon’Ble Mr.Justice Aravind Kumar