THE COMMISSIONER OF INCOME TAX GULBARGA vs. M/S MANJUNATHA COTTON AND GINNING FACTORY
The appeals are dismissed
ITA/2564/2005HC Karnataka13 Dec 2012
Bench: ARAVIND KUMAR,N.KUMAR
Section 260Section 260A
147 deals with income escaping
assessment. Chapter XXI deals with penalties imposable.
37
Section 271 deals with failure to furnish returns, comply
with notices, concealment of income, etc., It reads as under:-
“271. FAILURE TO FURNISH RETURNS,
COMPLY WITH NOTICES, CONCEALMENT
OF INCOME, ETC.
(1) If
the
Assessing
Officer
or
the
Commissioner (Appeals) in the course of
any proceedings under
