S. 271(1)(c) : Penalty-Concealment-Difference between interest declared in books and Form 26AS-levy of penalty is not justified [Form, 26AS]

S. 271(1)(c) : Penalty-Concealment-Not mentioning nature of concealment in notice-Notice invalid-Levy of penalty is not valid.[S. 274]

S. 271(1)(c) : Penalty-Concealment-Deduction of expenditure-Sale and lease back-Depreciation-Levy of penalty is not valid. [S. 32, 35E]

S. 271(1)(c) : Penalty-Concealment-Book profit-Prior period expenses-Loss as per regular assessment-Deletion of penalty is valid. [S. 115JB]

S. 271(1)(c) : Penalty-Concealment-Survey-Surrender of income-Included in the return of income-Reported income and assessed income is same-Deletion of penalty is valid [S. 133A]

S. 271(1)(c) : Penalty-Concealment-Bogus purchases-Survey-Additional income declared in the revised return-Penalty was deleted.

S. 271(1)(c) : Penalty-Concealment-Show cause notice-Not specifying the charge-Notice without striking off inapplicable words-Notice not valid-Penalty order was quashed. [S. 274]

S. 271(1)(b) : Penalty-Failure to comply with notices-Reassessment proceedings were held to be without jurisdiction-Penalty proceedings is also quashed. [S. 142(1), 147, 148]

S. 268A : Appeal-Instructions-Monetary limits for appeals by Department-How Compute-Tax effect of disputed amount of relief granted by Commissioner (Appeals) to be reckoned and not entire amount of relief granted. [S. 254(2)]

S. 268A : Appeal-Instructions-Appellate Tribunal-Concealment penalty-Bogus purchases-Monetary limits-Penalty does not fall in exceptional cause of circular-Appeal of Revenue was dismissed due to low tax effect. [S. 253, 271(1)(c)]