decision of
Hon'ble Supreme Court in the case of
Dharmendra Textile Processors (supra). W hen
we look into the bona fides ... Tribunal, after referring to judgment in Union of India Vs.
Dharmendra Textile Processors (2008) 306 ITR 277 (SC), has relied
upon decision of the Supreme
Court in the case of Union of
India and Others v. Dharmendra Textile Processors and Others
Court in the case of Union of India
and Ors. Vs. Dharmendra Textile Processors
Taxman
218 (SC) and Union of India V. Dharmendra Textile
Processors [2008] 306 ITR 277/174 Taxman 571
(SC) concluded that a mere making
necessary to impose penalty for
concealment. In Union of India vs. Dharmendra Textile Processors
ITA No. 71/2013 Page
judgment of the Supreme
Court in the case of UOI vs Dharmendra Textile Processors
2008 (306) ITR 277(SC), it is now beyond doubt that ... Dharmendra
Textile (supra) makes that abundantly clear:
"....At this stage, we need to examine the recent decision
of this court in Dharmendra Textile Processors
been elaborately
discussed by this Court in Union of India v Dharmendra
Textile Processors ( 2008) 13 SCC 369 and CIT v Atul
Mohan Bindal
later decision in Union of India v.
Dharmendra Textile Processors , (2008) 13 SCC 369, the Supreme Court
overruled its decision in Dilip N. Shroff (supra
2011 Page 5 of 12
Union of India vs. Dharmendra Textile Processors , [2008] 306 ITR 277 (SC)
and it has been held as under
Court in the case of
Union of India and Others vs. Dharmendra Textile
Processors & Others (2008) 306 ITR 277, in which it was
held
