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Commissioner Of Income-Tax vs P.M. Shah on 9 November, 1992

20. We have also perused the various case laws cited by the Revenue in support of the penalty levied and we find that the facts of those cases are different and distinguishable and ratio of those decisions are not fully applicable to the present case. Moreover, in the case reported in (1989) 179 ITR 628 (P&H) (supra), (1988) 169 ITR 782 (All) (supra), (1982) 144 ITR 133 (MP) (supra), (1987) 168 ITR 1 (Ker) (supra) penalty has been levied invoking the old Explanation under s. 271(1)(c), i.e., for the period prior to 1st April, 1976 and since the present case falls in the later period the ratio of those decisions is otherwise not applicable.
Bombay High Court Cites 11 - Cited by 57 - S V Manohar - Full Document
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